Updated: Jan 2024 to reflect significant changes to consignment payout made several years ago

C9 now contains explicit handling of consignment units.

Consignment units are modelled by a variation on floorplan tracking.  A consignment is simply a type of floorplan without interest payments/renewal etc. Specific changes:

• On purchase unit, view and modify unit, floorplan now tracking following two new pieces of information:
  • Type: floorplan or consignment
  • Provider: a reference to a customer in c9. Can be finance company (for floorplans) or any other user (consignment)

There are two ways is one way to bring a consignment unit into the system

• Purchase the unit from the specific customer and flag the unit as being on consignment
• Do a factory purchase, and flag the unit as being on consignment. Use the unit owner option to indicate who owns the unit
• Set the 'purchase price' of the unit to indicate the price you intend to pay the own upon sale of the unit.

In  view units, consignment units are color coded blue.

Selling a consignment unit is same as selling any other unit.

Paying out a consignment unit is same as paying out a floor plan. Select the unit via floorplan units and select the payout option.

Once a consigned unit is sold, the agreed consigned value is posted to the original owner as a deposit. To pay this out goto contacts -> contacts. Find the original owner, select view transactions and add a new withdrawal transaction to payout the consigned purchase. Alternatively can just leave deposit there to be used for other sales txns in future if that is what your customer prefers.