Some carriers, such as national postal entities, use the term "sender" or "shipper" but in the event of a legal dispute the proper and technical term "consignor" will generally be used. If Sender sends a widget to Receiver via a delivery service, Sender is the consignor and Receiver is the consignee.
Here is a typical example of something that is consigned. Imagine an art collector has a painting. He gives this painting on consignment to a gallery, i. e., he consigns it to them. He still maintains legal ownership of the painting, but he gives custody to the gallery until they sell it. Once the painting is sold, the art collector and the gallery split the revenue from the sale. This process is called consignment. Now, who is the consignor and who is the consignee in this transaction? When to Use Consignor A consignor (sometimes spelled consigner) is the person who is giving over the merchandise. In our above example, the art collector would be the consignor. Here are a few more examples of consignor in a sentence. The consignor backed out of the deal, so the sale didn't process. Until the merchandise is sold, the consignor maintains legal ownership. Although the consignor was anonymous, the gem was previously held by Sir James Duke and Arthur Johnson Jr. When to Use Consignee A consignee is the person (or place) to whom something is co-signed.
50 - $16. 50 an hour My Sister's Attic and Well Suited locations in Encinitas, CA. Answer Corporate Main Phone Line. Pick up Voice Mail Messages if needed. Title Clerk Accurately process incoming titles daily from our Mills Dealerships, matching the consignor checks daily to the title and invoice. Sports Card Specialist Use Word, Excel, and proprietary Heritage software to compile listings of the consigned items for consignors and cataloging staff. Intake Specialists Seeking fashion-savvy, trend-focused individuals who want to get a foot in the door with Greene Street; responsible for greeting consignors and screening all… Automotive Title Clerk Accurately process incoming titles daily from dealerships, match the consignor checks daily to the title and invoice. Match sold titles with invoices. Field Inspector - Contract Schedule inspections with the equipment consignor. The Field Inspector position requires high-level technical knowledge, organizational skills, and a… TWU Warehouse Cargo Agent Receives cargo from and releases cargo to consignors, consignees, brokers, agents, truckers, etc., including checking, counting, receipting and loading and… Be the first to see new Consignor jobs By creating a job alert, you agree to our Terms.
Total the items on each page, using the adding machine. Staple the adding machine tape to the back of the sticker sheet(s). Fill in the information in the box at the bottom right corner of the sticker sheet. You will also be responsible for collecting the money. One of the committee members will periodically pick up cash/checks. Adding machines will be provided. If you have one you use at home that has printing capabilities and would like to use your own, that's fine. Sticker Puller (Saturday, 7:45 – 10:45 am, 9:30 am – 12:30 pm, or 10:30 am – 1:30 pm or 11:30 am – 2:30 pm) Customers bring their selected purchases to the table. Remove the price stickers and place them neatly on the sheet of paper in a maximum of 4 columns, all going the same direction. Put a red X on a sticker if it will not come off the item and write the information – consignor # and price – on the sticker sheet. Be sure the sticker label matches the item and has the appropriate information on it. If time permits, count the items and labels to be sure the totals match.
The distinctions between direct and indirect expenses are important especially at the time of valuation of the unsold closing stock. Advance Amount paid in advance by a consignee to consigner as security called as advance. Valuation of unsold Consignment Valuation of unsold stock will be done like a closing stock of a Trading concern and should be valued at the cost or the market price whichever is low. This stock will be valued at − Proportionate cost price and Proportionate direct expenses. Here, proportionate direct expenses mean — all expenses incurred by the consignor and the expenses of consignee, which are incurred by him till the goods reach the warehouse. Invoicing Goods higher than Cost Under this method, goods are charged at the cost + profit and the pro-forma invoice also shows this higher price of such goods. To know the actual profit, at the end of an accounting period, consignment account will be credited with excess price so charged. Value of the stock will also be adjusted to the extent of profit element.
You may also need to place a HOLD sign on an item for a shopper who is considering an item. Using the HOLD form, place the shopper's name and 30 minute hold time. For example, if it were 8:00 am, you would write "Jane Smith 8:30 am. " Then at 8:30 am if Jane had not come to collect the item, you would call her name to see if she was still interested. You may extend the time another 30 minutes if the person requests. Door Guards (Saturday, 7:45 – 10:45 am or 10:30 – 1:30 pm) Front Door Guard – Mostly a "PR job" – welcome customers, be friendly, answer questions. Offer shopping bags. Let groups of 30 into the room to shop beginning at 8 am and continuing every ten minutes until the line is gone. Customers who arrive after the line is gone may go in as they arrive. Put color tape on all strollers, backpacks, etc. that customers bring in with them. Tell shoppers about the separate rooms for toys and books. Back Door Guard – Assist customers in exiting, checking briefly to be sure items have been paid for (stickers should have been pulled or X'd out in red).
On the other hand, consignee may return the unsold stock of goods to consignor anytime. Important Terms Pro-forma Invoice Invoice implies that the sale has taken place, but pro-forma invoice is not an invoice. Proforma invoice is a statement prepared by the consignor of goods showing quantity, quality, and price of the goods. Such pro-forma invoice is issued by the consignor to consignee regarding the goods before the sale actually takes place. Account Sale Statement showing the details of goods received, goods sold, expenses incurred, commission charged, remittances made, and due balance is called Account Sale and it is remitted by the consignee to the consignor of goods on a periodic basis. Commission There are three types of commission payable to consignee on sale of the goods − Simple Commission − This is usually a fixed percentage on the total sale, calculated as per mutually agreed terms. Over-riding Commission − In case of an extra-ordinary sale of the goods, some specific amount is payable to consignee in the form of an incentive is called overriding commission.