How to make consignment payouts auditable

Reviewed and revised โ€” 12 September 2026. This article has been updated to correct unsupported claims and reflect the current enquiry-based offer. Its original publication date and URL are retained. A payout total should be explainable without reconstructing a month of messages. Keep the agreement, sale, deductions and payment linked together. Define the calculation first Confirm whether commission applies before or after agreed costs, how tax is handled and when a sale becomes payable. A percentage without a defined basis is incomplete. ...

May 7, 2026

Preparing consignment records for Xero or MYOB

Reviewed and revised โ€” 12 September 2026. This article has been updated to correct unsupported claims and reflect the current enquiry-based offer. Its original publication date and URL are retained. An accounting export should preserve the meaning of each transaction. A CSV that imports successfully can still put the wrong amount in the wrong account. Agree the mapping first Ask your accountant to define how merchandise, commission, marketplace charges, shipping, refunds and consignor balances should be represented for your arrangement. Record the required tax codes, account codes, dates and identifiers before producing a full-period file. ...

May 7, 2026

Sales analytics that a consignment store can reconcile

Reviewed and revised โ€” 12 September 2026. This article has been updated to correct unsupported claims and reflect the current enquiry-based offer. Its original publication date and URL are retained. A dashboard is useful when its numbers can be traced to transactions and interpreted consistently. Start with definitions before adding more charts. Separate the measures Measure Check before using it Orders Are cancelled or unpaid orders included? Retained merchandise Have recorded reversals been deducted, and at what cutoff? Seller result Which fees and costs are included or missing? Days to sell Which start date is used, and does it exclude unsold stock? Asking value Is this recorded unit ask or quantity-adjusted value? It is not revenue. Consignor amount due Does it reconcile with agreements, adjustments and payments? Keep populations comparable A report of sold items excludes stock that has not sold. A traffic sample may cover only part of the inventory. Show coverage and missing data, and avoid comparing windows or categories as if they were equivalent. ...

May 7, 2026