Managing Consignor Payouts

Meridian allows you to keep track of the Payouts for consignors. You can easily see who has been paid, who needs to be paid, how much to pay, as well as print payout receipts.

On the consignor list on the Consignment tab, you will notice two Payout colums for each consignor.

When items have ended on a listing market, either as a sold or unsold item, it will immediately be available for payout on the appropriate Payout button.

• Pay All
  Represents the total number of items available for payout, whether the items sold or not. If you want to charge your consignor the listings fees for items that did not sell, you will want to view items for payout by clicking this button.


• Pay Sold
  Represents the total number of items that sold and are available for payout. Not Sold and Relisted items are not available for payout on this buton.

Paying Out a Consignor

Click one of the Payout buttons - Pay All or Pay Sold - to see a list of items that are available for payout.

Each line item will display the sale price and the fees charged for the item based on the commission plan associated with it. In addition, the fees column will show a detailed breakdown of all the components that make up the fees. The detailed fees can be turned off by clicking the Hide button in the Fees column header. The inventory information, item number, and the date the item was marked as shipped will also be displayed.

Select the items you want included in the payout and click the Payout button. You will be brought to the page where you see the final payout amount and can record the payout information, including any private comments (visible only by you) and public comments (available on the printed payout report).

Once all the payout information has been recorded, click the Save button to complete the payout. The items associated with this payout record will be removed from the Pay All and Pay Sold columns on the consignor list page.

After the payout has been saved, you will be brought to the summery screen where you see the details of the payout. If you want to print a payout receipt for your consignor, click one of the "Printable Version" links at the top of the page. The "Printable Version Detailed" will show you a report that includes a full breakdown of all the compenents that make up the fees, while the "Printable Version Lite" just shows a report with the fee summaries. This payout report is specifically formatted for printing, and does not include any elements of the Meridian interface.

You can view any previously saved payout report on the Payout button on the Consignment tab.