Consignment Software and QuickBooks

Consignment Software performs several important functions for consignment stores that QuickBooks does not.

Best Consignment Shop Software is used to track customers, employees, inventory, sales, settlements and disbursements. It prints address and price labels (with bar codes) on sheets of labels or on thermal labels. It also prints seller agreements, sales receipts (invoices), reports and checks.

BCSS Software supports the use of a cash drawer, receipt printer and bar-code scanner. It can be 'networked' - sharing the same database with multiple computers. The newest edition, 'BCSS Virtual' allows customers to view their account information and add inventory online, and there will soon be an online store for shop owners.

QuickBooks Financials is more or a financial accounting software. It can create invoices, track sales and expenses. It organizes finances and produces reports on sales, expenses and profits or losses. Reports can be industry specific and there are forecasting tools for business planning.

QuickBooks POS solutions can manage inventory and ring up sales, handle discounts, returns, store credit, layaways and gift receipts. Credit cards can be processed, but QuickBooks doesn't discount aged inventory like consignment software can, and it doesn't manage consignor splits and consignment settlements. These are serious shortcomings for a consignment operation, particularly considering the $1,300 price tag for QB's point-of-sale software.