Layaway Module

Layaway Module

Layaway Module

Old Gold Purchase

Old Gold Purchase

Old Gold Purchase

Repair Module

Repair Module

Repair Module

Manufacturing Module

Manufacturing Module

Manufacturing Module

Sales Module

Sales Module

Sales Module

Purchase Module

Purchase Module

Purchase Module

Accounting Module

Accounting Module

Accounting Module

Approval Module

Approval Module

Approval Module

Melting Module

Melting Module

Melting Module

Smart Layaway Module That Simplifies Every Payment Journey

Module Overview

The Layaway Module of Auric Suit Jewellery ERP is designed to help jewellery retailers offer flexible purchase options to customers who wish to pay for jewellery in installments before collecting the product. This module supports both gold saving schemes and installment-based layaway plans, making it easier for customers to own jewellery while ensuring retailers have full visibility of customer commitments, payments, and stock reservations.

Key Features & Functionalities

Scheme Setup &
Configuration

Define multiple layaway schemes (gold value schemes, monthly installment schemes).
Flexible configuration of tenure, installment frequency, and payment terms.
Setup for promotional layaway schemes with special discounts or offers.

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Customer Enrollment
& Contracts

Enroll customers into specific layaway schemes.
ADigital agreement/contract creation with scheme details.
Capture KYC details, nominee, and references if required.
Automated contract numbers for tracking.

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Payment Management

Record installment payments (cash, card, UPI, cheque, online transfer).
Auto-adjust payments against customer layaway contracts.
Integration with POS and payment gateways.
Payment receipts auto-shared with customers.

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Stock Reservation &
Allocation

Reserve specific jewellery items for customer layaway.
Option for gold-weight-based schemes where final product is chosen later.
Automatic stock blocking to avoid double-selling.
Stock reallocation workflows if customer defaults or cancels.

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Customer Communication
& Reminders

Automated SMS/Email/WhatsApp reminders for upcoming due installments.
Alerts for overdue payments.
Final settlement notifications for collection.

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Settlement & Delivery

Automated calculation of balance payable.
Option to adjust making charges, discounts, or penalties.
Final invoice generation and GST-compliant billing.
Delivery of product only after full payment confirmation.

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Accounting & Compliance

Advance receipts linked to customer accounts.
Automated ledger postings for installments and settlements.
GST/Tax compliance on installment-based billing.
Integration with financial reporting for scheme analysis.

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Reporting & Analytics

Active layaway contract reports.
Customer-wise outstanding installments.
Scheme profitability and collection analytics.
Stock reserved under layaway vs. free stock availability.
Default/dropped contract analysis.

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