EOFY Made Easy: Xero & MYOB CSV Export for Consignment Stores

End of financial year is looming for Australian consignment stores. If you dread the bookkeeping catch-up — unpicking marketplace payouts, calculating GST on consignor commissions, reconciling bank deposits with eBay statements — you’re not alone. Consignment accounting is uniquely messy. Most small business software treats every dollar the same. But in consignment, not all dollars are equal: the full sale price includes GST, while the consignor payout is a cost of sale — not taxable. ...

May 7, 2026 · 3 min · TurnGoods

How Does Consignment Software Handle Payouts? — AU Guide

Last updated: May 2026 tl;dr: Consignment software automates payout calculation using configurable commission models (flat-rate, tiered, or per-item). When an item is marked as sold, the software calculates the consignor's share based on the agreed commission rate, tracks the payment through pending → paid → disputed statuses, and generates itemised monthly statements. Consignors can view their earnings and pending payouts through a self-service portal. For accounting, payout data exports to Xero and MYOB via CSV. Consignment stores deal with a fundamental tension: you hold someone else’s inventory, sell it, and need to get them paid — accurately, quickly, and without disputes. Do it wrong and you burn trust with your consignors. Do it manually and you burn hours every month reconciling spreadsheets. ...

May 7, 2026 · 5 min · TurnGoods

Stop Guessing: Sales Analytics for Consignment Stores

Running a consignment store means making hundreds of inventory decisions a month: what to price this handbag at, how long to wait before marking it down, which consignors to take more stock from, which categories to focus on. Most store owners make these decisions on gut feel. “This brand usually sells fast.” “That colour never moves.” Sometimes gut feel is right. Sometimes it costs you weeks of dead stock. A sales analytics dashboard replaces guesses with numbers. ...

May 7, 2026 · 3 min · TurnGoods