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Want an expert to help you set up your QuickBooks Online? Find out how: Click here

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Replying to:
JasroV
QuickBooks Team

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Nice to have you in the Community space, @userkaran-h7.

 

To record a consignment in your QuickBooks Online (QBO) account, you’ll want to set up the consignors first as suppliers and classes. Let me guide you how.

 

Before we start, we’ll have to ensure the Class tracking feature is turned on. To do so, you can follow these steps:

  1. Go to Gear⚙ icon.
  2. Click Account and settings.
  3. Select the Advanced section.
  4. In the Categories section, select Edit ✎ to open the fields.
  5. Select the Track classes checkbox.
  6. Click Save and close.
  7. Select Done.

Then, enter consignors as suppliers:

  1. Go to the Expenses menu and select Suppliers.
  2. Click New Supplier.
  3. Use the fields in the Supplier information dialog to enter the consignor's information.
  4. Select Save and close.

You can also check this article for the complete guidelines about this process: How to record consignment sales.

 

Additionally, in case you need to add more details to your invoice, you can use this resource for reference: Customise invoices on the QuickBooks Online mobile app.

 

I’m always here whenever you have other concerns about consignments or with your QBO account. Post a reply below and I get back to you as soon as I can. Keep safe.