Run every consignment from agreed terms to final payout
Create the agreement, track the watch, record the sale and settle the consignor — with numbered documents and staff commissions linked to the same deal.
TL;DR
Kigu has a dedicated dealer-side consignment workflow: capture the consignor, watch, minimum price, commission model and dates; issue a localized, organization-branded agreement; move the piece from draft to active, sold, paid or returned; and generate the linked settlement when it sells. Purchase and sales document drafts and staff commissions stay attached to the transaction. Kigu does not provide a customer-facing consignor portal, and its commercial documents should be reviewed for your legal and tax requirements.
Consignment lowers capital risk but adds more promises to keep: whose watch it is, the minimum sale price, how the dealer earns, when the owner gets paid and which team member earned a commission. Kigu keeps those terms, the inventory record, the sale and every commercial document in one auditable workflow.
Agree the deal once
Choose an existing watch or add a new one, attach the consignor, then record the minimum price, percentage, fixed-fee or net-to-owner commission model, agreement dates and payout window. Kigu creates the agreement draft from those terms so you can review it, issue the next organization document number and print it in the selected language with your primary business details and logo.
Sell once, settle automatically
Record the sale against the active consignment and Kigu calculates the dealer commission and consignor proceeds from the agreed model. It creates the linked sales-invoice and consignor-settlement drafts, while the transaction keeps fees, expenses and true P&L attached to the same watch.
Know what is still owed
The lifecycle shows which pieces are still drafts, active, sold, paid or returned. When you pay the consignor, record the date and payment reference so a completed payout does not live only in a bank statement or chat thread.
Keep staff pay attached to the sale
Allocate a percentage or fixed staff commission to a transaction, review what has accrued and mark it paid with a reference. Dealer margin, consignor proceeds and staff compensation remain distinct instead of being folded into one ambiguous number.
Commercial records, not legal or tax advice
Kigu produces operational agreement, invoice and settlement records from the data you enter. Numbering, wording, taxes and enforceability vary by organization and jurisdiction; configure your organization details and have a qualified professional review what your business must issue.
Built for clean consignment books
Dedicated consignment lifecycle
Move each watch through draft, active, sold, paid or returned with clear ownership.
Automatic linked documents
Agreement, sales invoice and settlement drafts are created from the deal instead of retyped.
Clear settlement math
Percentage, fixed-fee and net-to-owner models keep dealer commission and proceeds explicit.
Staff commission tracking
Allocate percentage or fixed commissions, then track accrual and payment.
Owned + consigned inventory
See both in one inventory while preserving who owns each piece and what is owed.
Localized, branded print
Issue numbered documents with organization details and logo in the selected language.
Frequently asked questions
Does Kigu have a dedicated consignor portal?
Kigu is dealer-side inventory and P&L software. You manage consigned pieces and consignor contacts inside Kigu; there isn't a separate customer-facing consignor login. Many dealers prefer this — one private system they control.
Can I tell consigned and owned stock apart?
Yes. Consignments have their own lifecycle and owner relationship, while the watch remains visible alongside owned inventory.
Which commission models can I use?
Use a percentage, fixed dealer fee or agreed net amount for the consignor. Kigu calculates the dealer commission and consignor proceeds when the sale is recorded.
Are the documents created automatically?
Yes. Creating a consignment creates an agreement draft; recording its sale creates the linked sales-invoice and settlement drafts. Review and issue each document to assign your organization's next document number.
Are Kigu's agreements legally binding?
Kigu documents the terms you enter, but enforceability and required wording depend on your jurisdiction and circumstances. Have a qualified legal and tax professional review your setup.
Can I track staff commissions on a consignment sale?
Yes. Allocate a percentage or fixed amount to a staff member, review accrued commissions and mark them paid with a date and reference.
Take every consignment to a clean close
Agreement, sale, settlement and commissions — linked to the watch.
No credit card required.