Consignment items are not inventory, because you don’t own them and have no investment in them. There have been discussions of this in other forum topics, such as Sales Order - Summary field - #10 by mjc. Most of those were from the perspective of someone placing items on consignment. In your case, you are merely acting as a sales agent for someone else. Your 50% cut is simply a sales commission. So when something sells, you can just Receive Money in a bank or cash account, allocating the transaction to an income account named something like Commission sales. Or, you can issue a sales invoice to the consignor for your commission.
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