How to use Consignment Stock

Created by Eugene Lum, Modified on Wed, 2 Oct at 12:01 PM by Eugene Lum

Overview:

Consignment stock is an inventory management practice where goods are held by a retailer but remain the property of the supplier until they are sold

Scenario:

User provide consignment stock to re-seller, but re-seller will only pay when stock item is sold. There is no Consignment stock module in QNE. However, there is alternative methods you may refer.

Solution:

1. Create Stock Transfer to deduct stock quantity

2. when stock item sold, we can create billing by create customer invoice and receive payment.