Consignment Inventory & Sales Settlement

Follow consignment stock through delivery, reported sales and settlement. This application is designed to keep stock held by another party connected to returns, commissions and the resulting period account.

Best suited to

Businesses placing or administering inventory on consignment.

What you can manage

• Record inventory delivered under the consignment arrangement.
• Maintain sales reports supplied by the counterparty.
• Track goods returned under the same agreement.
• Account for agreed commissions in the settlement calculation.
• Review the remaining stock and account balance by period.

A practical workflow

Record the consignment delivery and update activity from the counterparty's reports. Reconcile sales, returns and commission amounts before preparing the period settlement and explaining inventory still held on consignment.

Why this workflow matters

Inventory values depend on both operational quantities and accounting assumptions. Reviewing those inputs together helps distinguish a physical stock issue from a cost allocation or valuation judgement. The result is a more explainable period position, with the basis available for purchasing, operations and finance to discuss consistently.

Working with your records

Use quantities, costs and reporting dates that refer to the same production or inventory scope. Check allocation assumptions and source completeness before accepting the result. Cost calculations and valuation working papers support the business's review; the accounting method and treatment must be appropriate to its adopted policies and supported product configuration.

Licence

12-month software licence purchased with a one-time payment. The purchase covers the stated licence term and does not create an automatically renewing subscription.