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HARTFORD, CT – The leader in FFL technology, payment processing, and firearm and explosive compliance services, Orchid LLC announced today it has updated its electronic A&D Bound Book software to reflect the new ATF Form 4473, mandated by ATF beginning April 1, 2023. The updated e4473 is now in use by all Orchid eBound and POS customers.
“Providing industry-leading, compliant software has always been Orchid’s top priority,” said Orchid CEO Jon Rydberg. “Our development team has worked diligently over the last few months to implement the ATF’s latest changes. We’re proud to be among the first providers to proactively offer the revised Form 4473 to its FFL customers and industry members ahead of the April 1, 2023, deadline.”
With over 6,000 users, Orchid eBound stands out as the leading cloud-based A&D Bound Book and e4473 solution for licensed firearm manufacturers, distributors and retailers. Offering unlimited transactions, users and bound books, eBound is also the only A&D software backed by an Orchid Law 100% guaranteed attorney defense against ATF. Plus, eBound integrates with Orchid POS and popular ERP systems for seamless transactions and inventory management without the headache of manual dual data entry.
Announced in December, the ATF Form 4473 was revised to reflect new statutory requirements set forth in the NICS Denial Notification Act and the Bipartisan Safer Community Act, as well as provisions of ATF Final Rule 2021R-05F.
Notable revisions to the ATF Form 4473 include:
·Privately Made Firearms (PMFs) must now be recorded (Section A, 1)
·Addition of ‘Reside in City Limits’ to transferee/buyer address (Section A, 10)
·Two additional prohibited persons questions (Section B, 21.b and 21.c) relating to straw purchases and illegal firearms trafficking
·Addition of address, county and ZIP code where gun show takes place (Section C, 25)
·Additional instructions and response blocks regarding Enhanced Background Checks for transferees/buyers under 21 (Section C, 27.c and 27.d)
To get started with Orchid eBound/e4473 and learn more about other Orchid retail software solutions and compliance services, visit orchidadvisors.com/retail.
Industry members are also encouraged to register for the 2023 Firearms Industry Conference (FIC), to be held virtually April 27-28 and in Atlanta, May 1-3. Organized by Orchid and Williams Mullen’s Firearms Industry Group, subject matter experts and ATF leadership will lead various educational sessions on Form 4473 transfers, computerized A&D and 4473 recordkeeping, and other tactical FFL compliance, technology, law and finance topics.
About Orchid LLC
Celebrating 10 years of serving the shooting sports industry, Orchid offers a one-stop shop for leading FFL software, firearms-friendly payment processing, and legal and regulatory services for the firearm, ammunition and explosive industries. Orchid’s POS, ecommerce, and regulatory applications, including Orchid eBound, Orchid FEL Book, and Orchid eState, accompany its expert services in ERP integration, firearm/explosive regulation, export control laws, and Firearm & Ammunition Excise Tax advisory. Get started with Orchid at orchidadvisors.com.
Press Contact:
Joe Kriz
Communications Manager, Orchid LLC