Creating Purchase Orders for Consigned Items

You can add consigned items to purchase orders in any of the following ways:

On each order line, check the Consigned box as you add orders for consigned items.
At the header, you can check the Consigned box to automatically check the corresponding box for order line entries with consigned items. You may edit the Consigned box for each order line.
If you use the Purchase Contracts feature, you can assign different contracts created for consigned items on purchase order lines. Alternatively, you can assign a default one in the Purchase Contract field at the header. In either case, NetSuite automatically checks the Consigned box on each line and it can't be edited. If a consigned item appears in multiple contracts for the same vendor, you can choose a different one.

If you want to add items not included in the contract, you can clear the Purchase Contract column for the order line. You can select consigned or non-consigned items from the same vendor. Then, you must check the Consigned box for consigned items only.

For more information about purchase contracts, see Using Purchase Contracts on Purchase Orders.
Items from an Order Items form follow the same consigned inventory and purchase contract settings when purchase orders are generated.

For instructions on creating purchase orders, see Entering a Purchase Order.

NetSuite updates associated purchase orders based on consigned item quantities that you include in item fulfillments, cash sales, or standalone invoices. In the Consignment Consumed column, you can view any sold quantities for each purchase order line. NetSuite applies the FIFO method based on the item receipt date to ensure that consigned quantities, regardless of item type, that you purchase first are also sold or consumed first. For more information about fulfillments, see Selling and Fulfilling Consigned Inventory.

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