Consignment Buyer Fees window
Purpose
Use this window to establish additional fees you want buyers to pay for consigned items to cover your administrative costs. These fees are paid by the person buying the consigned item, not by the consignor.
Buyer fees are typically small fees. They can be set at the category level, on this window, and can be overridden as you enter inventory. If you choose to use buyer fees, AIMsi automatically adds the fee onto the price when you create inventory tags. For example, if your price for a shirt is $5.00 and the category of the shirt has a buyer fee of $0.50, the price on the inventory tag is $5.50 and the price the buyer pays is $5.50. Reports will show a sale price of $5.00 with a separate line for buyer fees ($.50). Consignment fees are calculated on the base price ($5.00) not the selling price ($5.50).
To access this window
Complete one of the following to access this window.
- On the Maintenance menu, point to Inventory Maintenance and click Consignment Buyer Fees.
- Use the keyboard shortcut Alt, N, I, F.
Diagram
The following thumbnail illustrates the Consignment Buyer Fees window. Click it to view a full-size image.
Item descriptions
Fields and boxes
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Buyer Fees grid columns |
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Cat |
Displays the category number set up for buyer fees. |
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Begin Price |
Displays the beginning (lowest) price entered for the buyer fee price range. |
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End Price |
Displays the ending (highest) price entered for the buyer fee price range. |
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Category |
Select a category for which to establish buyer fees. Available categories are created on the Inventory Categories window. |
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Price Range |
Enter the lowest and highest prices at which you want to apply buyer fees to items in this category. For example, if you want to waive buyer fees for items less than $1.00, enter 1.00 in the first box. If you want to waive buyer fees for more expensive items, such as $1,000.00, enter 1000.00 in the second box. Only items with a selling price between $1.00 and $1,000.00 will include buyer fees. |
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Buyer Fee |
If you want to apply a certain dollar amount to items in this category, such as $0.25, enter that value here. You must enter a buyer fee or a buyer fee percentage, but not both. |
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Buyer Fee % |
If you want to calculate buyer fees based on a percentage of the item selling price, enter that value, as a decimal, in this box. For example, if you want to add 10% to an item's price for buyer fees, enter 0.10. You must enter a buyer fee or a buyer fee percentage, but not both. |
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Round To |
If you want to round your item selling price, enter that value in this box. For example, if you want to round to the nearest dollar, enter 1.00 here. This ensures that, after buyer fees are applied, your prices are consistent. For example, if after buyer fees an item is $7.36, and you enter 1.00 in this box, AIMsi will automatically calculate the item price as $7.00 or $8.00 depending on your rounding selection. |
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Add Amt |
If you want your item price, with buyer fees, to always end in a certain number, such as 9, add (or subtract) the appropriate number here based on your value in the Round To box. For example, if you entered 1.00 in the Round To box, but you want your item price to end in a 9, enter -0.10 in this box. AIMsi will calculate the price as follows.
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Options for rounding
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Indicate if buyer fees should round to the nearest amount matching the value in the Round To box or if it should always round up or down. For example, if your buyer fee is $0.43 and you entered .05 (to the neared 5 cents) in the Round To box, AIMsi would calculate the price as follows. Round = $0.45 Round Up = $0.45 Round Down = $0.40 If the buyer fee was $0.42, the rounded values would be: $0.40, $0.45, or $0.40. |
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Buttons
| Item | Description |
|---|---|
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Save |
Saves your changes. This button only displays if you are adding or editing buyer fees. |
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Cancel |
Cancels your changes. This button only displays if you are adding or editing buyer fees. |
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Delete |
Click this button to remove the highlighted category and buyer fees. |
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Add |
Click this button to add buyer fees for a category. |
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Exit |
Returns to the previous window. |
