How do I apply consignor sales proceeds to their purchases?

Create a unique new payment type in the System Menu, User Database Maintenance for Consignor Proceeds Deducted so these transactions will be easy to track when you balance your buyer receipts. Then run the Consignor Statement to determine how much is due to the Consignor net of commissions and expenses. Run a Buyer Prebill or Invoice to see the purchase balance due on the Consignor’s Buyer number.  You can “Pay” the bill using the proceeds due to this consignor with the payment type you have set up for Consignor Proceeds. Enter a Consignor expense for the amount that is being applied to the bill which will reduce the amount of net proceeds due to the Consignor.