Trades (Buy/Sell in a single transaction)
Trading "Buy Items" for "Sale items" is an optional process within the Resale Connection program. The option flags to initiate this feature are found on the System Setup window under the Maintenance menu.
The primary benefit of combining buying and selling transactions into a trade transaction is that the customer will realize a sales tax saving on the traded "Buy" amount applied in the "sale" side of the transaction.
When initiated, a Trade activation check box will be visible at the bottom of the "Buy" screen. Check this flag on if the Vendor wishes to apply the proceeds of the "Buy" to an immediate sale. The Trade flag will flash slowly 10 times when the screen opens to remind the operator that a Trade transaction can be initiated. Flag must be checked on before the payment payout type is selected. When the trade feature is initiated, only the Cash/Trade payout will be available.
Continue to process the "Buy" in the usual manner and all buying features are still available (suspends, etc.) When the "Buy" is completed, the "Sale" will automatically open with the current Vendor's information and the total value (Calculated with the default store credit percentage) of the "buy" is transferred to the subtotal of the "Sale" screen.
Continue to process the "Sale" in the normal manner. The sale subtotal is adjusted with the value of each item added. If the Subtotal goes to a positive amount, then apply the preferred Tender type to complete the transaction. If the Subtotal is still a negative amount (balance due to customer) when the sale is complete, the remaining amount (Calculated back to the cash value of the "buy") can be tendered to the Vendor/Customer as a Cash return or paid with a check. The full balance can be added to the customer/vendor's store credit account or used to purchase Gift Cards.
Line item discounts and Layaway processing is NOT allowed during a Trade transaction
You can view this article online at:
http://www.resalebay.com/kb/index.php/article/trade