I work at a jewelry store. What laws if any should I know about buying scrap gold from customers?
BRIAN C asked:
Do I need to keep a journal of all transactions, receipts, or can I give cash out without any transactions shown.
Do I have to keep what I buy for any amount of time or can I scrap right away.
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Do I need to keep a journal of all transactions, receipts, or can I give cash out without any transactions shown.
Do I have to keep what I buy for any amount of time or can I scrap right away.
February 1st, 2009 at 6:35 am
Keep a record of the seller’s ID, how much you paid and when. Reason being is that you might be buying swag and you don’t want to get nabbed for recieving stolen property.