Finale officially approved by ATF (Bureau of Alcohol, Tobacco, Firearms and Explosives)
Finale Inventory has been providing inventory management solutions for fireworks and explosive companies since 2009. 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).
After a thorough review of the system and careful consideration, the ATF has determined that Finale’s computerized recordkeeping system complies with the requirements in 27 CFR 555, Subpart G—Records and Reports. This section generally pertains to the ensuring sound record keeping with compliance conducted by onsite visits from ATF officers. The official guidelines can be found below:
27 CFR, Part 555, Subpart G—Records and Reports
(1) Licensees and permittees shall keep records pertaining to explosive materials in permanent form (i.e., commercial invoices, record books) and in the manner required in this subpart.
(2) Licensees and permittees shall keep records required by this part on the business premises for five years from the date a transaction occurs or until discontinuance of business or operations by the licensee or permittee. (See also § 555.128 for discontinuance of business or operations.)
(b) ATF officers may enter the premises of any licensee or holder of a user permit for the purpose of examining or inspecting any record or document required by or obtained under this part (see § 555.24). Section 843(f) of the Act requires licensees and holders of user permits to make all required records available for examination or inspection at all reasonable times. Section 843(f) of the Act also requires licensees and permittees (including holders of limited permits) to submit all reports and information relating to all required records and their contents, as the regulations in this part prescribe.
(c) Each licensee and permittee shall maintain all records of importation, production, shipment, receipt, sale, or other disposition, whether temporary or permanent, of explosive materials as the regulations in this part prescribe. Sections 842(f) and 842(g) of the Act make it unlawful for any licensee or permittee knowingly to make any false entry in, or fail to make entry in, any record required to be kept under the Act and the regulations in this part.”
As long as fireworks and explosive companies provide all the required information within Finale, no extra additional documentation outside Finale is required by the ATF. When an ATF inspection occurs, print out the reports generated within Finale. Reduce anxiety and stress from the ATF inspections with confidence your documentation is in the correct format.
We are excited to obtain this recognition as it reinforces our efforts as the inventory management leader for the fireworks and explosive industries.
To see the official Letter of Determination from the ATF on June 4, 2014, please click the three links below.
Finale would like to remind you that an electronic inventory system like Finale Inventory is only part of a record keeping process that complies with ATF regulations. The records are only as good as the information and processes that you use.