Consignment Layaways

Managing Installment Plans & Deposits

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Boost your sales by making high-ticket items more accessible to your customers. Our built-in layaway tracking system allows you to easily manage deposits, payment schedules, and inventory holds directly from the register. With our Consignment Software, offering flexible payment plans is simple and secure, helping you close more deals without the headache of manual tracking or monthly add-on fees.

Retail, Resale, and Consignment Layaways

Layaways (also known as lay-bys in Australia, New Zealand, and South Africa) allow customers on limited budgets to purchase merchandise in installments. This financing method usually involves zero percent interest, with the delivery of items taking place upon the final payment.

Layaways are a powerful tool to increase sales volume, but they add administrative work. Best Consignment Shop Software automates this process to minimize effort and ensure accurate accounting.

The BCSS Layaway Module

Our software includes a complete POS layaway tracking system that integrates seamlessly with your daily sales:

  • Instant Conversion: At the point of sale, any transaction can be designated as a "Layaway."
  • Flexible Deposits: Enter the initial deposit and set a future payment schedule right at the register.
  • Payment Options: Accept partial payments via Cash, Check, Credit Card, PayPal, or Store Credit.
  • Printed Agreements: Print a receipt listing the customer info, items held, terms, and the payment schedule.
  • Tracking: Edit item records to note the physical location of the "on-hold" merchandise in your back room.
  • Reporting: Generate reports for Open, Closed, and Past-Due layaway accounts.

Settlements for Layaways

A common question in consignment is: "When does the consignor get paid?" With BCSS, you have the flexibility to settle with the item owner either upon the initial deposit or wait until the final payment is made.