Consignment Stock

EKK
EKK Member Posts: 1 Novice Member Novice Member
edited October 26 in Accounts Hosted

Hello,

I'm just looking for some help regarding Consignment Stock from a supplier point of view on Reckon Accounts Hosted.

We have a lot of different dealers and sometimes they want items on consignment, so I was hoping for some help on two main points:

  1. How do I correctly record inventory so that I know exactly what items and how much $ value the dealer has on consignment.
  2. How do i then correctly record the sale of that consignment stock, so they we can see how consignment stock sales make up of the total sales

Any advice would be greatly appreciated, specially with the first point. Thanks

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