1. SimpleConsign
  2. Consignor Management
  3. Consignment Setup

Fee Settings

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From the Back Office, navigate to Settings in the upper right corner. Next, select Options > Fees to find the different fees settings. 

 

 

Option Description
Use Buyers Fee A per item fee that is added on top of the item's retail price when the item is entered. The fee is included in the item's price and on its printed tag, so the customer pays the tag price at checkout. The store keeps the full fee. Buyer's Fees apply to consigned items only. Store-owned items don't have a Buyer's Fee field, and their tags print at the retail price entered. The consignor split is calculated on the retail price only, so the buyers fee does not reduce the consignor's payout. This can be overridden at the inventory level. Buyers fee can be overridden at the transaction level as well. If an item is discounted, the buyers fee is discounted proportionally. Example: Item retail is $10.00, buyers fee is $1.00, consignor split is 40%. The tag shows $11.00 and the customer pays $11.00. Consignor will receive $4.00 ($11.00 price - $1.00 buyers fee = $10.00 retail * 40% = $4.00), and the store keeps $7.00 ($6.00 store split + $1.00 buyers fee). Online sales through Shopify work the same way: items are listed online at the retail price plus the buyers fee. Click the "Add Buyers Fee" button to add a new range for buyers fee pricing.
Different Types of Buyers Fees
  • Tiered: Items created in a batch or time of sale will receive a buyer's fee if their retail price falls within the user created tiers. Enter the price range (inclusive) and fee that will be taken off the item's sale price before consignor split is calculated. For example, if you want a $1.00 for anything from $20.00 on up, enter $20.00 to $21474836.47 = $1.00. You can add as many ranges as you need.
  • Percent: Items created in a batch or time of sale will receive a buyer's fee as a percentage of the chosen number.

 
Ignore Buyer's Fee for Items Entered at POS With this feature on, a Buyer's Fee will not be applied to items added into the system at the Point-of-Sale.
Hide Buyer's Fee in Checkout
 		With this feature off, Buyer's Fees will not be visible/overridable on the Checkout tab.
Add Buyer's Fees to Consignor Entered Items
 		With this feature on, Buyer's Fees will be applied to items added into the system through Consignor Access.
Use Item Fee

A per item fee that is taken off the consignor split amount.

Example: Item retail is $10.00, item fee is $1.00, consignor split is 40%. Consignor will receive $3.00 ($10 * 40% = $4.00 - $1.00 = $3.00). Click the "Add Item Fee" button to add a new range for item fee pricing.
Credit Card Processing Fee (%)

This is a percentage of the total sale that will be taken from the consignor’s balance when a customer pays with a credit card.
Check Fee

This is a fee that gets applied against a consignor’s balance when paying the consignor with a check.
SimpleACH Fee

Amount you want deducted from a consignor's account when you pay them out via ACH.
Online Transaction Fee (%)

These fees apply to online sales recorded in SimpleConsign via the Shopify Integration and the Traxia Transaction API. This per item fee is calculated based on the item's retail price (not including any buyer’s fee), before the consignor split is calculated.

  • Example: Item retail is $10.00, online transaction fee is 10% and the consignor split is 50%. Consignor will receive $4.00 ($10 retail * 50% split = $5.00) - ($10 retail * 10% online transaction fee = $1.00).
  • In the case the item has a buyer's fee: Item retail is $10.00, buyer’s fee is $1.00 (the item is listed online at $11.00), online transaction fee is 10% and consignor split is 50%. Consignor will receive $4.00 ($10 retail * 50% split = $5.00) - ($10 retail * 10% online transaction fee = $1.00). The buyer’s fee does not change the consignor's payout.

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