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

Layaway Module

Layaway Module

Layaway Module

Approval Module

Approval Module

Approval Module

Melting Module

Melting Module

Melting Module

  • Purchase
  • Sale
  • Manufacturing
  • Accounting
  • Repair
  • Old Gold Purchase
  • Layaway
  • Approval
  • Melting

Seamless Old Gold Purchase Module That Builds Trust in Every Transaction

Module Overview

The Old Gold Purchase Module in Auric Suit Jewellery ERP is designed to manage the entire process of purchasing old gold from customers with complete accuracy, transparency, and compliance. It ensures correct valuation, purity verification, accounting entries, and seamless integration into inventory, enabling jewellers to handle old gold transactions with trust and efficiency.

Key Features & Functionalities

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Customer & Item Capture

  • Record customer details (Name, ID proof, Contact).
  • Capture gold article details: type (chain, ring, bangle), gross weight, net weight, stone weight, purity (karat).
  • Attach photos of the item for transparency and record-keeping.
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Purity Verification &
Valuation

  • Enter or import purity test results (karat testing / XRF machine integration).
  • Auto-calculate net payable value = (Net Weight × Purity % × Current Gold Rate).
  • Deduct applicable charges (melting, wastage, testing fees).
  • Support for multiple valuation methods (fixed rate, live bullion rate).
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Purchase Transaction
Processing

  • Generate Old Gold Purchase Order and Purchase Receipt.
  • Option to adjust value against a new jewellery purchase (exchange) or pay via cash/bank transfer.
  • Auto-generate customer acknowledgement receipt with full details.
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Inventory Management

  • Classify purchased gold into categories:
  • Scrap Gold (to be refined)
  • Melting Gold (for bullion conversion)
  • Reusable Jewellery (direct resale after polishing/repair)
  • Track stock movement from customer purchase → refining → final stock.
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Accounting Integration

  • Automatic posting to ledgers:
  • Customer Payable
  • Old Gold Purchase Expense
  • Inventory (Gold Scrap / Finished Goods).
  • GST/VAT applicability handling (if relevant).
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Compliance & Documentation

  • Customer KYC compliance (ID proof, PAN, Aadhaar, Passport, etc.).
  • Digital signatures on receipts (optional).
  • Maintain audit trail of every transaction.
  • Customizable statutory formats based on local laws.
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Reporting & Analytics

  • Daily/Monthly purchase summary of old gold.
  • Customer-wise purchase history.
  • Profitability analysis from old gold resale/melting.
  • Integration with dashboards for real-time insights.
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