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how to record consignment sales and quickbooks online first we need to know what is consignment sales consignment occurs when goods are sent by their owner the consignor to an agent the consignee who undertakes to sell the goods the consignor continues to own the goods until they are sold so the goods appear as inventory and the accounting records of the consignor usa consignee to clarify well work on the following example the companys old equipment one for ninety thousand dollars to customer run as a consignment as a consignment the company wants equipment one to still show as inventory in the records and the customer doesnt want this transaction to show in their monthly statement however the company still wants it to be shown in the customer transaction list for tracking purposes how to do this in quick works online we do this by creating a delayed charging quickbooks online what is the delayed charge a delayed charging quickbooks online is a transaction that will be built on a fu