You are here: ConsignmentPrcAmt

Valid values:

Positive numeric values, including decimals

Description:

This is the amount to pay a consignor for a sold item. AIMsi will consider any value less than 1 (such as 0.99 or 0.30) a percent. Any value that equals 1 or greater will be considered a dollar amount.

• If you set up this variable as a percent this percentage of the sale will go to the consignor and the remainder will go to the store. For example, if this variable is set to 0.75, and the item sells for $30, the consignor receives $22.50 and your store keeps $7.50. If the item sells for $23, the consignor receives $17.25 and your store keeps $5.75.
• If you set up this variable as a flat fee (dollar amount) this will be the amount that goes to the consignor regardless of the selling amount. For example, if this variable is set to 20.00, and the item sells for $30, the consignor receives $20 and your store keeps $10. If the item sells for $23, the consignor receives $20 and your store keeps $3.

To determine the default consignor percentage or flat rate, AIMsi looks first at the Consign Percent box on the Add/Change Customer window - Billing tab. If that is not set up, AIMsi uses the value set up for this system variable.

Module(s) used in:

Inventory > Consignment & Purchase

Item(s) affected:

Cosnsignor % and or Fixed Fee on the Enter Consignment (Batch Mode) window and the Consign Amt boxes on the Enter Consignment window.