Finale includes two templates, one for companies with importer or manufacturer licenses, and the other for companies with user or dealer licenses.
#Finale inventory control license#
The requirements for Acquisition Reports depend on company license type. Detail is not required for ATF compliance but the detailed report may be useful to answer questions about stock records or reports.
The DSMT report includes two printing options: with detail, and without detail. Finale automatically groups by the combination of Category and Manufacturer, so as long as your Manufacturer field has valid data and your Category values are compliant with the requirements, then the groupings will also be compliant. For example, your category could be "100mm Salutes" but it could not be just "Salutes", since the latter may include shells of multiple sizes. Since ATF regulations require that the grouping is specific to the size/caliber of items, your Category values must include the size of the items it contains. The items in DSMT reports are grouped by two fields of the product definition: the Category and Manufacturer. If the ATF inspector wants to see records of the contents of a packed sale, you can print a shipment manifest or pack list for the shipment. Packed sales are listed as units without the detail of their contents (to avoid double counting). The DSMT report in the section "Home > Reports > Stock reports > ATF reports" provides a comprehensive list of magazine transactions based on all stock changes (shipments received, shipments sent, transfers, returns, and stock changes). The options and requirements for the specific reports are given in the following sections.
Some companies incorporate the date/shift into the definition of the product itself and create new products for new date/shifts other companies use Finale's Lot ID capabilities to store the date/shift. In particular, pyrotechnics companies do not all keep track of date/shift (lot) information in the same way. In some cases, the information to fill various requirements for a report will come from different fields, depending on how the company is storing its records in Finale. The reports are based on the information entered into the system, so obviously the reports are only as accurate and complete and the underlying information. The ATF requirements for Acquisition and Disposition reports depend on the company's license type: user, dealer, manufacturer or importer, so Finale provides multiple templates to accommodate. No variance is required to use Finale as an electronic system of record for inventory tracking.įinale provides three reports for ATF compliance: DSMT Reports (Daily Summary of Magazine Transactions), Acquisition Reports, and Disposition Reports. In addition to keeping track of inventory stock levels, Finale provides comprehensive regulatory compliance documentation for the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF).Īfter a review of the system, the ATF has determined that Finale’s computerized recordkeeping system complies with the requirements in 27 CFR 555, Subpart G-Records and Reports. Finale Inventory has been providing inventory management solutions for fireworks and explosive companies since 2009.
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