Consignment software that keeps other people’s stock apart from yours
Consignment goes wrong in two places: nobody can say what the consignor is owed, and the sale is reported as if the goods were yours. Both are record-keeping problems and both are avoidable.
Exports to Xero and Sage.
Terms, floors and payouts
Each consignor has terms, and each piece has a floor below which it is not yours to discount. When it sells, the payout is calculated from the terms rather than from memory, and what is owed is visible before the consignor rings to ask.
Memo out is tracked as its own state: the piece is with another dealer, it is not sold, and it is not in the window.
Whose turnover is it
Goods held on consignment are not your stock and a consigned sale is not wholly your turnover. Milleso holds consigned pieces distinctly so the reports and the VAT summary do not silently count someone else’s goods as revenue.
Deposits are held apart from revenue on the same principle. Money that is not yet yours does not flatter the month.
What this uses
The modules behind this page, and the plan that opens each. This table is generated from the rule the software enforces, so it cannot advertise something your plan will not open.
| Module | What it does | From |
|---|---|---|
| Consignment & memo | Consignor terms, floors, payouts, memo out. | Pro |
| Clients | Buyers, sellers, trade, consignors and wish lists. | Trade |
| Invoices & VAT | Margin scheme, reverse charge, investment gold. | Trade |
| Payments | What has been paid, what is owed, and deposits held apart from revenue. | Trade |
| Reports | Ageing, carry cost, margin by brand, where the money is stuck. | Trade |
Questions
- How is a consignor payout calculated?
- From the terms recorded against that consignor and the floor recorded against that piece, at the moment of sale, rather than from a note in a diary.
- Does consigned stock count as mine?
- No, and it is held separately for exactly that reason. It is not your stock on the reports and a consigned sale is not treated as though the goods were yours.
- Can I put a piece out on memo?
- Yes. Memo out is its own state, so a piece with another dealer is neither sold nor available.
Answers on this
- Best consignment software for UK resale shops in 2026: Ricochet, ConsignCloud, SimpleConsign, ConsignPro, Liberty, Shopify apps and Milleso compared
Most consignment software is American and priced in dollars. ConsignCloud is the most usable from the UK; Shopify plus a consignment app is the cheapest; none of them model UK VAT on consignment.
- Consignment accounting for UK resellers: is consigned stock an asset, who charges VAT, and the margin scheme
Consigned stock is not your asset. Book the consignor's share as a liability and your commission as income; for VAT you are an agent or a margin-scheme principal.
- How to start a consignment shop in the UK: costs, the agreement, splits, payouts and VAT
Stock costs nothing, so the money goes on premises, insurance for goods you do not own, authentication and software. The agreement and VAT position decide the rest.
- ConsignCloud vs Ricochet vs SimpleConsign: pricing, payouts and which one copes with UK VAT
ConsignCloud is $139-$189 a month and works from the UK with Stripe; Ricochet is $199 plus $100 if you skip its US processor; SimpleConsign is $159-$359. None handles UK VAT on consignment.
- Shopify consignment apps compared: what each does for consignor payouts, and when you need a real system
Nine Shopify consignment apps from $9.99 to $339 a month compared - and what none of them do for a UK luxury reseller: margin scheme, serials, authentication.
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