Consigned products must be entered into Ricochet through a consignor account. This streamlines operations and creates distinctive processes when adding retail or consigned inventory to the system. Retail products, as expected, don't have splits or auto-discounts applied to them. Instead, they have additional fields for Supplier and Supplier ID number. To learn more about adding and managing Suppliers, click here.
To add consigned inventory in Ricochet, you must first have the consignor in your system. CLICK HERE to learn how to add that consignor first.
Adding Consignor Inventory:
In Ricochet,
Click Accounts
Click Consignors
Find the consignor needing product added
NOTE: There are two ways you can add consignor product here:
Click the gray "+" icon to the far right of the appropriate consignors name
Click the gray edit pencil icon
Click the Inventory tab
Click Add New
Enter as much product information as possible
Click Save
Article Summary
Adding consigned inventory in Ricochet is designed to keep your store organized and make managing sales easier. The key is that consigned items must always be tied to a consignor account. This ensures the system can correctly handle things like commission splits, auto-discounts, and tracking consigned versus retail inventory. Retail items work differently, with fields for Supplier and Supplier ID, but they don’t require the same split management.
Before you can add any items, make sure the consignor exists in your system. If they’re not already set up, you’ll need to create their account first. Once the consignor is in place, adding products is straightforward. You can either go through the main Accounts → Consignors list and click the gray “+” icon next to the consignor’s name, or you can open the consignor’s account directly, go to the Inventory tab, and click “Add New.”
From there, enter as much detail about the product as you can—like title, description, price, and any relevant identifiers—then save it. By following these steps, your consigned inventory will be properly linked to the right consignor, making reporting and sales management much smoother. Taking the time to set this up correctly helps avoid confusion later and ensures your consigned items are tracked separately from retail stock.
See the following articles to expand on inventory: