Objective

To take a consignment in Retail POS and view the profit margins in the Sales Report to determine consignor's commission

Setup

• Retail POS for Mac or PC

Steps

To create a consignment product

1. Navigate to Catalog -> Products, then click Add Product
2. Enter product details and click Add Product or Next
3. Add the consignor as the Supplier
4. Add a Product category or Tag (eg. consignment sale, name of the consignor) that makes it easy to classify a consignment product
5. Set the appraisal value as the Supply Price
6. You can add the Current Inventory at this stage, alternatively process a Purchase Order to receive multiple products  
7. Fill out the rest of the details for creating a product, more information here. 

View margins for consignment sales

1. Click Reporting, and then Sales Reports
2. Under Report Type select either the Supplier, Product category or Tag
3. Select a suitable Date Range
4. Click Format Results, and arrange rows By Product or By SKU
5. Click Apply

Additional Information

• New Supplier and Product categories can be created at the time of creating a product by simply clicking the button 'Add Supplier' and 'Add new product category'. 
• How is Margin calculated in the Sales Report?