The Consignment Receipt Template is a crucial document used in Australian business operations where goods are provided by one party (consignor) to another (consignee) for sale without transfer of ownership. This document type is essential for businesses operating under consignment arrangements, providing clear documentation of received goods and establishing the terms of the consignment relationship. The template should comply with Australian Consumer Law, relevant state-specific Sale of Goods Acts, and the Personal Property Securities Act 2009 (Cth). It serves as both a receipt and a basic agreement, documenting key information such as party details, goods description, agreed commission rates, and handling terms. The document is particularly important for protecting both parties' interests and maintaining clear records for tax and accounting purposes.
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1. Receipt Number and Date: Unique identifier for the receipt and date of consignment
2. Consignor Details: Full name, business name (if applicable), ABN, and contact details of the party providing goods for consignment
3. Consignee Details: Full name, business name (if applicable), ABN, and contact details of the party receiving goods for consignment
4. Goods Description: Detailed description of consigned goods including quantity, condition, and identifying features
5. Consignment Terms: Key terms including commission rate, pricing guidelines, and duration of consignment
6. Value Declaration: Agreed or estimated value of the consigned goods
7. Acknowledgment: Statement confirming receipt of goods and acceptance of basic terms
1. Special Handling Instructions: Used when goods require specific storage conditions or handling care
2. Insurance Details: Include when specific insurance arrangements are made for high-value items
3. GST Statement: Required when either party is GST registered and the transaction is subject to GST
4. Return Policy: Include when specific arrangements exist for the return of unsold goods
5. Payment Terms: Used when specific payment arrangements or schedules need to be documented
6. Condition Report: Recommended for valuable or pre-used items to document their condition at time of receipt
1. Detailed Inventory List: Itemized list of goods with individual descriptions and values when multiple items are involved
2. Photographic Record: Visual documentation of goods' condition at time of receipt, particularly for valuable items
3. Price List: Agreed selling prices or pricing guidelines for the consigned goods
4. Terms and Conditions: Full standard terms and conditions of the consignment arrangement if not included in main receipt
Relevant legal definitions
Clauses
Relevant Industries
Retail
Art and Galleries
Fashion and Apparel
Antiques and Collectibles
Jewelry
Books and Publications
Handicrafts
Luxury Goods
Second-hand Goods
Electronics
Home Furnishings
Agricultural Products
Relevant Teams
Operations
Finance
Legal
Administrative
Sales
Inventory Management
Compliance
Business Development
Retail Operations
Gallery Management
Relevant Roles
Retail Manager
Gallery Director
Store Owner
Operations Manager
Inventory Controller
Sales Manager
Business Development Manager
Art Dealer
Consignment Coordinator
Administrative Assistant
Account Manager
Finance Officer
Compliance Officer
Legal Counsel
Small Business Owner
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