consignment and Point Of Sale...

I've never done consigment before but am now doing so with someone, but I'm not sure how should be keeping track of this in Point Of Sale.

We are going to take 20% percent so for shirts that are $15, we are taking 3 dollars and they are taking $12.

My problems is if I enter these items in inventory as normal, our reports are going to show that we are making $15 per shirt, when we are actually only making $3.

Anyone have ideas of how should go about this?

Reply to
khopek
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I look consignment a business / legal issue than operation. Just assume the business partner as one supplier, then you buy at $12, making $3 margin. Of course you can make all consignment items into one department for your reporting purpose.

Hope it helps.

Jas> I've never done consigment before but am now doing so with someone, but I'm

Reply to
Jason

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