How to manage entrusted assets and retrocessions

The module Entrusted allows you to track items that you temporarily leave with customers, colleagues or collaborators, and to record their return (retrocession) or their sale.

1. Create a trust

In Stock > Entrusted, click on New confidant. Select the recipient (customer or partner) and add the relevant items by searching for them by reference or label. Jewely automatically generates a good of entrusted which you can print or send by email.

2. Price display options

When creating the trust, you can choose to’display or hide the transfer price on the delivery slip, according to your commercial terms with the recipient.

3. Follow up on ongoing cases

The list of active cases is accessible from Stock > Entrusted. You can filter by brand, customer, or period. Each line displays the product, purchase price, selling price, and expected return date.

4. Record a retrocession

When an item is returned (unsold), select the corresponding consignee and click on Retrocession. The item is automatically returned to stock. An invoice or credit note can be generated according to the agreed terms.

5. Selling an item entrusted to someone

If the recipient sells the item, record the sale directly from the entrusted item. Invoicing and the balance of the transfer are handled automatically by Jewely.