Consignment Items

Consignment stock is stock that is held for a supplier but not actually purchased until the item is sold, that is you buy any items that are sold.

The supplier usually takes care of deliver of the stock and the set up of the displays.

To indicate an item is a consignment item, check on the Consignment option in the Item function.

Various stock reports allow you to separate consignment items  from normal items.

If the Consignment Uses Landed Cost option in Locations is checked on, the system will calculate the COGS based on the expected buy cost, not the average or FIFO cost as for normal items.

The POS will not perform any stock checks, for example you don't have enough stock to sell this item, for consignment items.

Converted from CHM to HTML with chm2web Pro 2.85 (unicode)