Cin7 Core - Consignment Process - Consignee Stock
If you would like to know more, book a call with us - https://bluehub.co.uk/contact/
In this video, Sean from BlueHub discusses the consignment process, particularly focusing on consignee stock management within Cin7 Core. Consignment involves having stock ready for sale that you don't own, maintaining visibility over stock levels without it affecting your valuation.
Key Highlights:
Stock Adjustment: Use a stock adjustment to bring consigned stock into your system. Initially adjust for the full quantity of stock held by the consignor. For subsequent adjustments, account for new batches or additions only.
Zero Unit Cost: When bringing in consigned stock via adjustment, always set the unit cost to zero to avoid inflating your valuation.
Stock Transfer: Request consigned stock for sale by initiating a stock transfer from the consignment location to your desired selling location.
Purchase Invoice: When the consignor invoices you for the stock, create a service purchase to record the expense. Allocate this expense to the specific stock transfer to correctly value the stock.
Expense Allocation: Allocate the expense from the service purchase to the related stock transfer in order to update the stock's value.
Valuation Compliance: By following this process, you ensure that your stock valuation remains accurate and compliant with legal standards.
If you found this video helpful, like and subscribe for more content. For further inquiries or questions, feel free to leave a comment or get in touch on https://bluehub.co.uk/apply-for-a-call/.
Nesta página do site você pode assistir ao vídeo on-line Cin7 Core - Consignment Process - Consignee Stock duração hora minuto segundo em boa qualidade , que foi baixado pelo usuário BlueHub | Cin7 Core Integrators | Supply Chain 04 Junho 2024, compartilhe o link com seus amigos e conhecidos, no youtube este vídeo já foi visto 275 vezes e gostou 1 espectadores. Boa visualização!
