Whats the difference between invoices, orders and consignments?
It all has to do with the physical place of the products • An invoice is easy. It means your client bought goods or services and they have been delivered. • An order means a client informed and/or wants specific products or services but they haven’t been sold yet. You’re free to use order invoices as draft or offer invoices • Consignment stock is stock legally owned by one party, but held by another. A consignment deal is common in the distribution world and most often the publisher is informed on a monthly or bi-monthly basis of what is sold in the warehouse. The consignment invoices at Cobalt work as delivery notes. Every time you send a package to any of your client, add a consignment. If your clients informs you about sales, make an invoice and put the consignment link on yes (otherwise Cobalt will think you’ll deliver the releases again and count twice).