The Consignment System is designed to serve the needs of commission setup and calculation for each commission contract i.e. commission for normal sales and commission for promotional sales. Commission will be calculated based on the rules setup in the system such as payment cycle, contract period, merchandise hierarchy level, network level, etc.
Once commission is validated by finance officers, system will generate the pro-forma invoices. When vendor sent invoices to Pro-fit, pro-forma invoices will be retrieved from system so that user can match with vendor’s invoices. Matched invoices will be extracted to Accounting system for payment process
The Consignment System will provide necessary reports for operations and management as listed in this Functional Specification document.