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Consignment Sales Form

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Instructions and help about Consignment Sales

the purpose of this video is to show you a proposal i have for handling consignment sales what happens with a consignment sale is the material is brought into the uh in the gallery hung on our customer comes in and purchases the art we receive money from the customer and then in theory we turn around and we write a check and pay the vendor which is of course the artist this is a way of handling it that i think is a little better than what we do today which is very very much reliant on manual processes so the first thing that we have to do is we'll create a vendor record for the artist but we'll also create a product and service for the artist as a consignment item i'm going to edit this at the moment i've already created this for artist bob smith the sku is zero the category is consignment quantity on hand is zero reorder point is zero there is a section here for reorder date that is uh just today's date the inventory asset account is the default

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