Consignment Rollovers
The consignment feature in Resale Connection allows for transferring ownership of unsold consigned items from the consignors account to the store's regular inventory. Rollover period is set based on store policy for consigned items. Items are either rolled or donated to Charity based on the store' policy and/or agreement with the Consignor.There is one static rollover period allowed per store, but the store owner may elect to not enroll some or all consignors with their rollover option.The consignment vendor's record must be flagged as a type 'C' vendor to optionally setup rollover and markdown options for specific consignors. You may also override the default consignor split for the specific consignor on this Vendor update screen.
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On the Consignment tab of the system information screen, the static rollover/donation period (# of days) should be set to match the store's rollover policy. for example, 90 days. All consignment items that has been in the store longer than the designated rollover days will be flagged as regular store inventory after the the 'Consignment Rollover' process from the Register Options menu screen is complete. |
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To effect the rollover/donation period against the consignor's inventory, the 'Consignment Rollovers' process on the Register Options menu screen must be run after the designated number of days has passed. Rollover reports for any other periods previously processed in the system can be reprinted anytime.  |