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45 total results found

How sales tax works in CloudFFL OS

Accounting & Taxes Sales Tax

If you sell firearms, ammo, and accessories online or over the counter, you need to collect sales tax — but only in states where you're required to. Most FFL dealers are based in one state and only need to collect tax on orders shipping within that state. Orde...

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intermediate
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concept

Understanding Accounting in CloudFFL

Accounting & Taxes

The basics of how accounting works in CloudFFL OS — what the module does, key concepts, and how it connects to the rest of your business.

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beginner
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concept

What is the Accounting module?

Accounting & Taxes Understanding Accounting in CloudFFL

If you've been running your shop with a separate bookkeeping tool — or worse, a shoebox full of receipts — CloudFFL OS has good news. The accounting module is built right into the system, connected to everything you already do: sales, purchases, inventory, and...

tier
beginner
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concept

Key concepts: Invoices, bills, and journal entries

Accounting & Taxes Understanding Accounting in CloudFFL

Before you start clicking around the accounting module, it helps to understand three terms you'll see everywhere. They sound like accounting jargon, but they map directly to things you already do every day. Invoices — what your customers owe you An invoice i...

tier
beginner
type
concept

The chart of accounts

Accounting & Taxes Understanding Accounting in CloudFFL

Every dollar that flows through your business gets categorized somewhere. The chart of accounts is the list of those categories — it's how CloudFFL OS organizes your money into buckets like "Sales Revenue," "Cost of Goods Sold," "Rent Expense," and "Bank Accou...

tier
beginner
type
concept

How accounting connects to sales, purchasing, and inventory

Accounting & Taxes Understanding Accounting in CloudFFL

One of the biggest advantages of running your business on CloudFFL OS is that everything is connected. When you sell a firearm, the system doesn't just update your inventory — it also records the revenue, tracks the customer payment, and updates your financial...

tier
beginner
type
concept

What is bank reconciliation?

Bank & Reconciliation Connecting Your Bank

Bank reconciliation is the process of making sure the transactions in CloudFFL OS match what your bank says actually happened. Think of it as checking your homework — you recorded invoices, payments, and bills in the system, and now you're verifying that the m...

tier
intermediate
type
concept

Automatic bank sync (coming soon)

Bank & Reconciliation Connecting Your Bank

CloudFFL OS includes the ability to connect directly to your bank account so that transactions are pulled in automatically — no file downloads, no manual imports. This feature uses a secure bank connection service that links to thousands of US financial instit...

tier
intermediate
type
concept

What is asset management?

Financial Reports & Tools Asset Management

When you buy a $3,000 gun safe, a $5,000 display case, or a $15,000 security camera system, you don't expense the full cost in the month you bought it. Instead, you spread that cost over the useful life of the asset — that's depreciation. Asset management in C...

tier
intermediate
type
concept

What is FastBound?

FastBound Integration Understanding FastBound

FastBound is a cloud-based firearms compliance platform that manages your electronic bound book (Acquisitions & Dispositions record), handles ATF Form 4473 processing and storage, and tracks NICS background checks. It is the compliance backbone of your CloudFF...

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beginner
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concept

FFL Compliance Basics

FastBound Integration Understanding FastBound

Before diving into how CloudFFL and FastBound work together, you need to understand the compliance fundamentals that every FFL dealer must follow. These are federal requirements — not optional best practices. What the ATF Requires from Every FFL Bound Book (A...

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beginner
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concept

How FastBound Works with CloudFFL

FastBound Integration Understanding FastBound

FastBound is not a separate system you have to switch to. It is integrated directly into CloudFFL through a set of Odoo modules that connect to the FastBound cloud API. Here is how the pieces fit together. The Connection FastBound connects to CloudFFL through ...

tier
beginner
type
concept

Bound Book Entries from POS Sales

FastBound Integration POS & Compliance

Every time you sell a firearm at the point of sale, federal law requires that the sale is recorded as a disposition in your bound book. FastBound is your electronic bound book, and CloudFFL's POS compliance buttons keep everything in sync automatically. How I...

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intermediate
type
concept

Understanding Trade Credits

FastBound Integration Trade Credits

Trade credits are store credit balances that customers build up by trading in firearms. When a customer trades in a gun, you agree on a dollar value, and that amount is added to the customer's trade credit balance. They can then use that credit toward future p...

tier
intermediate
type
concept

What is an FFL Vendor?

FastBound Integration FFL Vendors & Contacts

When you buy firearms from a distributor or another dealer, that seller is your FFL vendor — a business that holds a Federal Firearms License and is authorized to transfer firearms to you as a licensee. Examples include Lipsey's, RSR Group, Davidson's, Sports ...

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beginner
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concept

What is a Sales Order?

Sales Orders Understanding Sales

A sales order is your record of what a customer is buying from you. Every time you sell a firearm, ammunition, accessories, or a service, you create a sales order to track the transaction. A sales order records: Who is buying (the customer) What they are bu...

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beginner
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concept

Quotation vs Sales Order vs Invoice

Sales Orders Understanding Sales

These three terms come up constantly in CloudFFL. Here is what each one means and how they relate to each other. Quotation (Draft) A quotation is a draft proposal. It says "here is what we can sell you and the price." The customer has not committed yet, and ...

tier
beginner
type
concept

The Sales Order Lifecycle

Sales Orders Understanding Sales

Every sale in CloudFFL follows a consistent path. Understanding this lifecycle helps you know where each order stands. The Steps Create a Quotation — Start a new sale, add the customer and products. Send to Customer (optional) — Email the quotation for revi...

tier
beginner
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concept