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4473 – Purchase Prior to Transfer

posted on January 18, 2019

Q: We have a customer who wants to buy a gun from us, then have us cerkote it. We want him to pay for the gun and the extra services up front, but we won’t transfer it to him until it’s finished being cerakoted. We would transfer the gun from our retail book, to our gunsmithing book, then to the cerakoter and back. Can we do this or do we have to 4473 it out to the customer from the retail books first, then acquire it from him into the gunsmithing book?

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