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How Do I Enter Items Sold From My Table?
When selling items off your table, you may choose to replace the items with the same items, replace them with different items or not replace them and save the profit to buy items from the Fall Line.
Note: If the hostess chooses items from your retired jewelry, follow the special instructions below.
Normal Sale - The item will appear on the customer order. It is included in the retail for the show. Premier will send the item to the hostess and she will deliver it to the customer.
Sold From Kit - The customer purchased the item off your table. It WILL appear on the printed customer order form. It is NOT included in the retail for the show. It does NOT appear on the printed homeshow order form. The hostess does NOT receive free jewelry credit. Premier will NOT send the item in the home show order.
Kit Replacement - This item is being ordered to replace the item that was Sold From Kit. It will NOT appear on the printed customer order form. It WILL be included in the retail for the show. It will appear on the printed homeshow order form. The hostess WILL receive free jewelry credit. The item should be removed from the package before the jewelry is given to the customer/hostess.
If you are selling items off your table and want the hostess to receive free jewelry credit, but do NOT want to replace the items, follow the steps below.
Note: This will affect your profit for the show.
- First, make your entries as you normally would on any home show. Enter all items on the customer order as Normal Sale. Be sure to enter any discounted retail amount. After all customer orders are entered, enter the hostess selections. If there is an overage due, run the Calc Hostess 1/2. Print the Hostess Order Form so you have a record of the Total Due from the hostess.
- Now, go back and change the appropriate customer orders to reflect any items sold from your table. Change these items from Normal Sale to Sold From Kit.
Note: This will reduce the Total Retail and the Total Due to Premier. If the hostess qualified for special promotional bonuses, these changes may affect the bonus awards. Also, the total retail cannot be less than $100.00 on a home show.
- Changing items from Normal Sale to Sold From Kit, on the customer orders will also reduce the Free Jewelry Credit for the Hostess, as well as her Total Due. On the Hostess Order, Click on Calc Hostess 1/2. This process will recalculate the order and may reflect a lesser out-of-pocket expense for the hostess. Compare this amount with the amount shown on the Hostess Order form you printed earlier. If there is an additional amount due to Premier (more than you told the Hostess) you are responsible for the difference, since you opted to give the hostess credit for the Sold From Kit items.
- Any profits from Sold from Kit are automatically calculated and included in your Profit and Loss Statement and Income Tax Reports.
- Any "Out of Pocket" expenses should be entered under Other Expenses.
Special Instructions for hostess order -
- If the hostess selects any of of your retired items, you MUST enter them as Sold From Kit (hostess free).
- If you have Sold From Kit items on the Hostess Order, you MUST also have Kit Replacements (hostess free).
- If you do NOT enter the Kit Replacement, the hostess order will appear to have an unused credit.
The unused credit does NOT belong to the hostess. The unused credit belongs to the Jeweler because the hostess has already taken her item off your table.
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