Store Owned (What happens to an item if it isn't sold after "X" days?)

Store Owned (What happens to an item if it isn't sold after "X" days?)

If this option is selected, If an item has not been sold after the Aging Inventory period is past, then the ownership of the item will transfer to the store owner. 
The item will continue to be listed on the floor and online after it has expired, however, if/once it sells, the store owner will receive 100% of the sale price.

If the box is unchecked and an item has been sold after its status has been switched to expired, the ownership of the item will still be under the consignor it was originally listed under. 
The payout amount will still go to the consignor with this setting unchecked since the ownership is still under the consignor. 




To learn more about Inventory Aging, click here
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