Establish buyer fees
When to use this procedure
Use this procedure to maintain buyer fees for items sold on consignment. Buyer fees are set up for categories and may be a flat rate or a percentage of the sale price. The amount you enter for a category here will be added to the sales price of the item. The default buyer fee for the category may be overridden as you enter your consignment inventory.
If you choose to use buyer fees, you must set up system variable ConsignmentBuyerFeeCat with the non-inventory category you've assigned on the Non Inventory Categories window. By default, this value is set to 170 and the system variable is set up accordingly.
You set up a standard fee of $0.50 for your clothing categories. A customer comes in with a nice jacket to which you want to apply a higher buyer fee. As you enter the jacket in your consigned inventory, the buyer fee automatically defaults to $0.50 based on the category you selected. You can choose to override that value when you enter the jacket and apply a $0.75 fee.
Steps to complete
- On the Consignment Buyer Fees window, click Add.
- In the Category box, select the category for which you want to set up a buyer fee.
- In the Price Range boxes enter minimum and maximum price values for which to apply a buyer fee. For example, if you don't want to apply buyer fees to items less than $2.00, enter 2.00 in the first box and a higher number in the second.
- Use the table below for your next step.
If you want your buyer fees to be a... Then enter... set amount for this category,
that value in the Buyer Fee box. For example, enter 0.50 to automatically apply a $0.50 fee to sales prices.
percentage of the sales price,
the desired percentage as a decimal in the Buyer Fee % box.
- If you are setting up a fee based on percentage and want your buyer fees to always end in an even amount, enter that amount in the Round To box. For example, enter 0.05 to always round the buyer fee to the nearest 5 cents.
- If you want your buyer fees to always end in a certain number, such as 9, enter a value in the Add Amt box. The value you enter here depends on the value you enter in step 6. For example, if you entered 0.10 in step 5 (round to nearest 10), you would enter -0.01 in this box so that AIMsi rounds to the nearest 10 then subtracts 1.
- Select an option for how AIMsi should round the value in step 6: Round (to nearest), always Round Up, or always Round Down.
- Click Save.
- On the Consignment Buyer Fees window, highlight the buyer fee you want to change or remove in the Buyer Fees grid.
- Edit the details about the buyer fee as necessary and click Save or click Delete to remove it.