I’ve been approached by a Flea Market to help them setup a POS with accounting. We have used ERPNext in our business and think it would be a good fit… If I could figure out how to make it work.
The business basically works like this:
Vendors bring in items, nothing in particular goes into inventory. (currently)
Vendors are charged a set amount per weeks + a percentage commission.
The business generates reports of sold items costs minus commission and rent.
My question is what is the best way to handle this since it’s a typical retail environment, but most items aren’t owned by the business itself. Then how would we generate sales reports based on these vendors while applying the rent cost and commissions?