Consignment Tracking

Auction Wizard® 2000 provides consignment tracking and reporting capabilities for those who sell items on consignment. Create a Consignor record to describe the terms for each consignor. There is no limit to the number of Consignor records that can be created. Any combination of the following can be used to compute the fees charged to each consignor:

  • Percentage of each item's sale price
  • Fixed fee for each item sold
  • Auction site fees
  • Actual shipping and insurance costs
  • Payment service fees

When you create an Auction Lot for a consignment item simply select the Consignor that the item belongs to and Auction Wizard 2000 handles the rest. Consignment fees are automatically calculated and updated for each item you sell. The customizable consignment reports show you what is owed for each consignment sale.