Sage 100

I'm sure someone has tackled this question of consignment inventory. Any ways that you've found works best? I'd like to pick your brain on how to best handle a new line we are taking on. It will be a consignment line and we will keep inventory in our warehouse. * All inventory will be in MAS200. * Orders that are shipped in our territory will be entered into MAS200, billed and shipped by us. * Orders outside our territory will be entered in another sales order system outside of our building. We will ship from our warehouse and the vendor will invoice. My question: How do we handle the inventory on the sales orders that are not processed in MAS200, yet the inventory is being shipped from our warehouse? Do we just make a daily inventory adjustment? Or is there a better way to handle this?

I would think you would want to be consistent. If they don't know the actual customer for the outside territory, how about a generic VENDOR customer and still do the invoicing to relieve inventory - at zero price. The generic VENDOR customer could have pricing setup for 100% discount if they have the Std Price filled in for these consignment items. This way if any cusom reports are created, it's all the same type of transaction.

I'm thinking similarly. These types of questions are always loaded because guaranteed that in 6, 9, 12 months they want to know why a certain report cannot be run -- or why a quantity sold is/is not being reflected in a report. And of course they have no idea - and claim there's nothing important to consider - about any fo these things at the outset. But 6 months down the road they sure as heck figure it out and 9 times out of 10 ask us why we set it up that way....

Use an additional company in MAS?

My question is, if the vendor invoices why not just invoice the vendor and when they send you payment and I am assuming that you get paid you do a cash receipt. Your issue is that you still need to record items shipped on behalf of the vendor.