Enable Pay Ins
Select an Account
To pay in to a consignor account you'll first need to select the desired consignor. Single clicking on the consignor in the list will highlight the account. Click Pay In in the bottom right.
Types of Pay Ins
Pay in a specific amount
This can be used if the consignor needs to add a specific amount of money into their account, but there isn't a negative entry for exactly the amount they need to pay in already.
Pay in on specific items
This is the more desirable option for most cases as it immediately reconciles both the negative account entry that is being paid in against and the new positive one created by the pay in. This prevents an accidental payout that gives the money back to the consignor.
Complete a Pay In
Pay In Amount
Payment Date
Payment Type
The method of payment for the pay in.
Check Number
If the payment method chosen is check the check number can be recorded here.
Description
The message that will be displayed in the account activity. This may be visible in consignor access depending on your configuration settings.
Completing a Pay In for multiple months rent
If the consignor is wanting to pay multiple months in advanced and you have the monthly fee already setup to pull rent (the 1st, 15th, or last day of the month) you can just pay in on the future days rent is charged. For example, the consignor wants to pay for June, July, and August - you would do a pay in for June 1st, July 1st and August 1st. This helps keep the account straight, if you do all those payments on a single day the account balance will be large and someone in the store might accidentally pay those funds back out.
Deposits: There isn't a deposit field so you'll have to do a negative account adjustment and then pay in to that account entry. This will result in a reconciled account so there isn't a balance. You can note under the consignor account whether or not the consignor has paid a deposit (this is important if you plan on paying that deposit back out). If you don't note it under the consignor you would have to look through months, years of account activity to find out if they paid a deposit.