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The Auction Profile is the set of rules and instructions that control the way
you want to run this auction. For example, if you hold auctions in different locations,
you may have different sales tax laws and rates to deal with. You may have different
policies regarding Buyer's Premium depending on the type of auction you're conducting.
In the profile, you'll also set up the name of this auction, its date, basic defaults
for consignor commissions and your preferences for report and invoice printing.
You can even enter specific instructions for your staff that will appear on this
opening instructions screen. Many of the settings in the profile stay the same
from auction to auction, so you can set them up to repeat for each auction to
save time.
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