by mightytitan9 » Thu Oct 27, 2016 5:14 pm
I don't use OEC, but I do list idle inventory on Ebay.
My previous manager left me with around 150k in idle/obsolete inventory, of our total $350k. I have since sold roughly 80-90k on ebay, but still have roughly 100k in idle inventory due to the fact that our system considers it idle after 2 years, and I'm still getting new idle inventory added to it everyday. I figure it will take me roughly 5 years to truly get the inventory and obsolete parts under control.
As far as how I do it, we have a paypal account. I created a parts customer "Sold on Ebay", so anything I list I bill to "sold on ebay", I then go into paypal, print where the item has been paid, and transfer that money to our bank account. I then write the invoice number and give it to the girls in accounting to match up the money received with the parts counter ticket.