Handling Goods on Consignment

Posted by Carla F. on April 25, 2007, 12:14 pm

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We are just now starting to try and market a product - always we've been
services.

We're fixing to test market some of our product by letting stores have 12
items on consignment with payment due upon reorder. If they order more,
they pay us, if they don't they owe us nothing.

Suggestions for how I run this thru Peachtree? What kind of documentation I
give them with the product?

I have PT2007 Premium for Construction.

Thanks.

Posted by D Drake on April 26, 2007, 8:46 am

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In essence it would appear that your first set of goods would be "free" to
the vendor, they restock and pay, or don't restock and get the first goods
free??? If true, simply sell the first goods at $0 to the vendor by simply
modifying the per unit sales cost on the invoice line item. This will
relieve your inventory, cost the goods and the history of use and purchase
will be captured by the system

DD

> We are just now starting to try and market a product - always we've been

> services.

> We're fixing to test market some of our product by letting stores have 12

> items on consignment with payment due upon reorder. If they order more,

> they pay us, if they don't they owe us nothing.

> Suggestions for how I run this thru Peachtree? What kind of documentation

> I give them with the product?

> I have PT2007 Premium for Construction.

> Thanks.

Handling Goods on Consignment - Suggestions?