Consignment Orders <CO> are for those items that you have put on Consignment for a customer. After the Consignment Order has been finalized, it is put On Hold and is available for display on the "Consignment Order Report" in POINT OF SALE (1.6.4). This Order will not come up with the Hold Orders at "POS Order Entry". The inventory is downcounted at the time of finalization but the Accounts Receivable is not affected. You may choose to print a Pick Ticket for a Consignment Order. To create a Consignment Order, you must change the Order Type to a <CO>.

NOTE: You may choose to have a Consignment Order finalized and posted to Accounts Receivable and the General Ledger. This feature is turned on in “POS Defaults & Comments” in SYSTEM MANAGEMENT (10.2.6.2 field 46 page 3).

Procedure for Converting Consignments

It is important to realize that converting consignments is not mandatory but recommended. If you do not mind possibly having incorrect Quantity on Hold (QHD) during the day then you can REBUILD.QHD as a batch process every night, but if you are running General Ledger the Inventory Value will never match unless Consignments are posted. Please go to the on line support help to view the procedure: http://www.perfectionsoftware.com/support/help/

Look under TCL Commands for the document Procedure for Converting Consignments to Posted.