Stock Placed for Consignment

Below are guideline(s) for consignment procedure entries:

Q : How to entry into system if stock is placed for consignment?

A : Add "Consignment" as a location in your system, so you can add stock to this location.

Step 1 : Go to Maintenance >> Multi-Level Location >> Create New Location Code named "Consignment"

Step 2 : Do consignment at Inventory >> Transfer Stock

Step 3 : Issue sales invoice/cash sales for those item sold at consignee stock