In this Article: Show
Consignment tab displays a number of fields that can be used to document the agreement between you and an artist whose work you have taken in on consignment.
The Consignment tab in the Products file is for keeping track of any work you have in your shop on consignment from any artist.
The Consignment tab displays a number of fields that can be used to document the agreement between you and an artist whose work you have taken in on consignment.
The Outbound Consignments file is used for a different purpose. It is used for tracking which products have left your physical shop. See also: Outbound Consignments Overview
Type in the date or use the calendar icon to identify when you took the piece in for consignment.
Enter the width and height of the art only, e.g. 35 x 42
Do not include the framing in your dimensions.
From the popup list, select the condition of the art when it entered your care.
Changes made to this list will also affect the Condition field on the Work Order.
The percentage amount with which you and the consignee agree is the maximum amount of discount that can be applied to the sale of this piece of art.
Any amount above this percentage requires you to call the Consignee for authorization. (This is your “let me see what I can do” field, to know if a discount is possible or how much can be offered to the purchaser.)
The percentage amount with which you and the consignee agree is the maximum amount of discount which may be applied to the framing of this piece.
This pertains to framing owned by the Consignee which was on the art prior to you receiving it as a consignment. (This is your “let me see what I can do” field, to know if a discount is possible or how much can be offered to the purchaser.)
Displays the Consignee/Consigner agreement plus the form and allows you to print or send a PDF.
Allows you to print or send a PDF of the form only.
Choose Yes if you have the customer’s bio or have filled out a Certificate of Authenticity (COA).
Choose No if you do not have any other documents on file for this piece or this person.
Select from the popup list the type of artwork being consigned, i.e. cards, oil, water-color, giclee.
The retail price for which this component will be sold.
Percentage of discount given at time of sale.
Entered after piece is sold.
Helpful in identifying which artists or Consignees are able to sell pieces without discounting the value.
Calculated from Retail minus Discount.
Cannot be modified.
Percentage of Retail price to be paid to the Consignee.
If field is empty, no amount appears in the Payable field.
The Commission Rate for Art also appears in the Printed Agreement under Loss & Damage, section 2. “The gallery will insure consigned works for __% of the agreed retail price.”
If the item has already been framed, enter the Commission Rate for Frame as 100% (or enter the percentage the artist will receive when their frame is sold at your gallery).
The dollar amount which the consignee will receive for the frame they purchased from the Consigner when it sells.
Used when the Consignee brings in a pre-framed item which does not match the quality or standards of the business. New framing is sold to the Consignee. This allows the Consignee to be reimbursed for money they were required to spend on framing.
The calculated dollar amount to be paid to the Consignee when the artwork is entered onto an invoice.
The calculated Commission Rate % of Retail Price or amount entered into Upgrade Reimbursement field (or a combination of both fields).
The artwork brought in as a consignment piece.
Represents either the existing frame on the art when it was brought in or the frame which was added to the artwork by the Consigner.
The framing components added by the Consigner.
The amount for which the piece may be sold. This number may be manually transferred to the Retail Item field under the Pricing tab in order for the amount to appear on an invoice.
This field is not automatically transferred to the Retail Item field to allow the gallery to enter a higher listed price and offer the buyer some room for negotiation.
The amount paid to the consignee when the piece is sold.
This number must be manually transferred to the Pricing tab in order for the amount to appear on a Consignment Report for the Consignee.