The 03 bound book is for recording acquisition and disposition of firearms purchased with that license. I have receipts from shops or private sellers for all firearms transferred thru an 01FFL receiver or sold to me locally by a shop holding that license. I also have receipts for payment of transfer fee from my FFL receiver. I do not "bind" or otherwise duplicate this material except that I have a bag of fotocopies in 1) safe, 2) glove compartment, 3) originals in safe deposit box. If the BATF wants to see that material they will have to use their own magnifying glass. I have only four or five records of purchase in my bound book. I see no reason why the BATF would ask for a general audit of firearms acquired by legal transfer thru an 01 receiver as part of an 03 audit.
jack
