Methods for Tracking Consigned Inventory

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Tip 1 - Methods for Tracking Consigned Inventory

Published: 9 years, 3 month(s) ago | Submitted by Josef Gudenus | permalink

Your consignment business' success depends partially on your ability to accurately track your inventory. Tracking begins by creating a reliable record of each consignor's incoming merchandise and ...

For further reading: http://smallbusiness.chron.com/methods-tracking-consigned-inventory-67422.html ^[1]

Tip 2 - Methods for Tracking Consigned Inventory | eHow

Published: 9 years, 3 month(s) ago | Submitted by Laurent Moll | permalink

A consignment agreement is when one person gives his unwanted but useable items to another person who will sell them at, among other sites, a resale or consignment shop. There is no upfront payment due when you turn your items over to the seller. You get paid a pre-set percentage of the sale price after the item is sold. When you sell your products...

For further reading: http://www.ehow.com/list_6018957_methods-tracking-consigned-inventory.html ^[2]

Tip 3 - How to Track Consigned Inventory in QuickBooks | eHow

Published: 9 years, 3 month(s) ago | Submitted by howard orne | permalink

Businesses use QuickBooks, financial management software created by Intuit, to cover a range of comprehensive tasks ranging from filing taxes to managing product inventory obtained from distributors. You can also manage consigned inventory in QuickBooks. Consigned inventory is sold under a consignment agreement in which a person or business...

For further reading: http://www.ehow.com/how_7815764_track-consigned-inventory-quickbooks.html ^[3]

Tip 4 - Tracking Finished Goods Inventory

Published: 9 years, 3 month(s) ago | Submitted by Benjamin Prom | permalink

From the email box: I have less than 50 crafts in my finished goods inventory, is there an easy way to keep track of my inventory? This is a question I get a lot. You have a smaller arts and crafts business or maybe a large one with few finished goods and you don't want to go through all the hoopla of tracking it with accounting software. This article explains a quick and easy way to handle this accounting task!

For further reading: http://artsandcrafts.about.com/od/inventorymanagment/qt/Tracking-Finished-Goods-Inventory.htm ^[4]