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The Sale of Consignment Goods

Consignment Sales

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Consignement goods are usually sold together with goods for resale, etc. That is why you can monitor issuance using the same document type as for issuing goods for the purpose of reselling. Use a predefined document type 300.

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You can also use automatic posting of material consumption to post profit from consignment goods sales. The profit is represented only by the amount of gross margin. The purchase value of goods received on consignement represents liablitity to the consignee. For more information on posting invoices issued where supplier from the Items register is used for subject in account for recording purchase value of goods see Posting Invoices Issued in Consignment .

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The off-balance-sheet accounts are relieved using automatic posting of material consumption.

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For a general description of functions see:

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