====== Expire Post ======

~~CONTEXTID:324~~

~~OLDHREF:expirepost.html~~

Consigned items may be set to Expire after a certain time period. Expire Post is an excellent revenue generating feature which many stores throughout the consignment industry take advantage of. Expire Post is set up with [[setup:requiredsetupsteps:inventorymodule:pricecodes:pricecodesoverview|Price Codes]].

===== When A Consigned Item Is Posted As Expired =====

  * The proceeds are not split between the store and the client.
  * The entire purchase price goes to the store. In other words, the cost of the item becomes zero (0), which makes the entire selling price profit.

===== How Expire Post Works In PoS =====

When **Expire Post** is in effect for a consigned item, and the item sells after the consignment period has ended, the sales clerk is given the option whether or not to post the item as Expired. A dialog box with the message: **Would you like to post this item as expired**? appears after the item is posted.

  * If the sales clerk responds **Yes**, then the item is posted as expired.
  * If the sales clerk responds **No**, the item is posted as sold, not expired. The account holder receives their designated percentage according to the currently assigned price code.

===== Changing This Option In POS =====

  - From the Point Of Sale Menu select the **More** button. \\ {{libertyreact:lib:newitem3920.png|NewItem3920.png}}
  - Login using your credentials if asked to. \\ {{libertyreact:lib:newitem3919.png|NewItem3919.png}}
  - Select the **Setup** button. \\ {{libertyreact:lib:newitem3918.png|NewItem3918.png}}
  - Login again with your credentials if asked to. \\ {{libertyreact:lib:newitem3917.png|NewItem3917.png}}
  - In the menu select **Posting Defaults**. \\ {{libertyreact:lib:newitem3916.png|NewItem3916.png}}
  - Here you have two options under **Expire Items**:
    * **Show Prompt** : If the item is set to expire and it is rand up in the point of sale, and prompt will ask you if you wish to expire the item. \\ {{libertyreact:lib:newitem3915.png|NewItem3915.png}}
    * **Always Expire** : Will automatically expire the item without being prompted.
==== Next Article In Section ====

Click the following link to move to the next article in this section: \\ [[:pos1:pointofsaleindepth:otherposfunctions:refundingexpireditems|Refunding an item that sold as Expired]]

==== Related Topics ====

[[pos1:pointofsaleindepth:otherposfunctions:expirepost]]
[[reports:inventoryreports:expiregroups]]
[[setup:requiredsetupsteps:inventorymodule:pricecodes:pricecodesoverview]]
[[pos1:pointofsaleindepth:otherposfunctions:addaccountpos]]
[[pos1:pointofsaleindepth:otherposfunctions:locrecheaderfooter]]
[[pos1:pointofsaleindepth:otherposfunctions:newtopic25]]
[[pos1:pointofsaleindepth:otherposfunctions:payaclient1]]
[[pos1:pointofsaleindepth:otherposfunctions:posaddfulfillment]]
[[pos1:pointofsaleindepth:otherposfunctions:poscashcounter]]
[[pos1:pointofsaleindepth:otherposfunctions:posdefaultpost]]