Types of Inventory

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Inventory Types

There are four inventory types. All types include the following shared fields: Item Name, Category, Condition, Quantity, Cost (Store-Owned Inventory Only), Price, UPC, Extra Information, Supplier, MSRP, E-Commerce Item, E-Commerce Name/Title, E-Commerce Description, Height, Width, Depth, Weight, Drop Ship, and E-Commerce Tags.

Default

The Default inventory type includes only the shared fields listed above.

Book

In addition to the shared fields, the Book inventory type includes: Subtitle, Author, ISBN, Cover Price, Number of Pages, Format, Published Year, In Print, Weight (In Store), and Dimensions (In Store).

Clothing

In addition to the shared fields, the Clothing inventory type includes: Family Group, Brand, Color, and Size.

Extended Attributes

In addition to the shared fields, the Extended Attributes inventory type includes: Brand, Color, and Size.

Important Note: Inventory Types (controlled under the category) determine the fields available for different categories. Entering information into the correct fields supports accurate reporting, online integrations, and more, making the selection of the appropriate inventory type a crucial step in customizing your categories.

Consignment Inventory

Consignment inventory refers to items not owned outright by the store but rather by consignors who agree to a consignment contract. These contracts typically involve the store taking a revenue split, charging a flat fee per month, per item, or a combination of these arrangements. This inventory type is used by a variety of stores, including consignment shops, antique malls, and supplier/dealer malls.

Converted Inventory

Converted items fall between consigned inventory and store-owned inventory. The store retains the full proceeds from sales, but these items do not possess all the attributes of store-owned inventory.

Store-Owned Inventory

Store-owned inventory refers to items entered in the inventory tab rather than in a "House" consignment account. These items may be acquired in various ways, but the store retains the full sale amount. Retail, wholesale, and buy-outright stores typically manage this type of inventory.

Supplier Inventory

Suppliers can be assigned to both consigned and store-owned inventory. They do not affect revenue splits or fees and cannot be paid out. Supplier accounts can be used to track the origin of retail, wholesale, or estate sale items, allowing for easy reordering when needed.

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