Customers leave jewelry and watches with you to sell, and you pay them once a piece sells. WJewel takes each piece in on one short screen, keeps it separate from the stock you own, tells you what sold, and turns it into a bill so you can pay the owner.
Someone new at the counter? Scan their driver's license, or copy them from their customer record.
Under two minutes, recorded in WJewel with a made-up consignor: taking the pieces in, selling one, and the bill and check that pay the owner.
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Log the pieces private sellers bring you on consignment, in a few quick steps.
Add the consignor. Scan a new consignor's driver's license to fill in their details, copy them from their customer record if they already shop with you, or type them in. You can also scan their ID and keep a copy on file.
Add the pieces. Enter each piece's details, take its picture, save, and print the tags. It is ready to go in the case.
Pay the owner. When a piece sells, WJewel shows you what sold from each consignor, so you can let the owner know and pay them.
Everything from the day a piece comes in to the day you pay its owner.
When the seller wants cash today, buy the piece outright with gold buying software and cash-outs.
Record a consigned watch's serial number, box and papers and full details with watch store software.
When they would rather keep the piece, lend against it with pawn shop software.
Someone leaves a piece with you to sell: a private seller with an estate ring, a collector with a watch, or a small vendor. You take it in as a consignment, with that person as the consignor, the price you will sell it for, and the amount you will pay them when it sells. The piece is on your shelf and in WJewel, but you have not paid for it. When it sells, WJewel shows what sold and whose it was, you turn that into a bill, and you pay the owner.
Yes. For someone new, get their details by scanning their driver's license. If they are already a customer, click New Vendor on Add Quick Consignment, enter or search for the customer, and WJewel copies their name, address, phone and email into a new consignor. Or type their details in. You can also scan pictures of their ID and keep them for later.
Just the style number, the owner's own style number if there is one, a description, category, brand, quantity, what you will pay the owner, your price, and the lowest price you will take. If the style is already in WJewel, these fill in. Then take a picture of the piece, save, and print its tags. For metal and stones, the pencil button opens the full style screen.
Enter a Min Sell Price on the line. It becomes the style's minimum price, so the sales screen catches any price below it, and the Sales Below Minimum Price or Cost report lists each one with who approved it.
Consignments Sold But Not Billed By Vendor lists everything that has sold but that you have not paid for yet, for one consignor or all of them, by date sold and, if you want, by store. It can include layaways, unpaid special orders and partly paid invoices. Items Sold That Are On Consignments and Status Of Items On A Consignment show each piece, and the vendor statement shows what you owe each consignor.
Tick the pieces that sold and click OK. WJewel issues a vendor PO for them: a list of what sold that you can print for the owner. Add A Bill Based On Vendor PO turns it into a bill, where you enter what you owe for each piece. Then pay it with Issue A Check For One Vendor, or pay everyone at once with Issue Checks For All Vendors. The bill and the check go through payables and your general ledger like any other.
Lower its price with Consignment Price Change, or give it back to the owner with a consignment return (Add A VRTV), which takes it out of your stock and records the return on that consignment.
Yes. Start a 30-day free trial, or book a live demo and we will walk through a consignment with you, from the new consignor to the check.
Try WJewel jewelry consignment software with your own consignors. Free demo, 30-day free trial, and unlimited training included.
Prefer to talk? Schedule a meeting or call (646) 578-8300.
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