The software includes a large set of options to tailor the commission structure for each consignor. The system offers both flat rate commission and sliding commission scales as well as statement minimums and item-level minimums.
Consignor statements are created after each auction close based on the status of invoices in each auction. The system can handle no-sales and buy-backs in various ways. You can add fees to the statement to charge the consignor for advertising, labor, etc. The statement details all of the items with a ‘sale’ ‘commission’ ‘net’ format that includes the final payout in the summary.