Solutions · Wholesalers

Jewellery wholesale software, settled in gold

In the trade, gold is settled in gold. Smart Jewelry POS bills buyers in pure grams, receives from suppliers in pure grams, and keeps every party’s gold balance straight, with cash only for making and stones.

Jewellery wholesale software tracks gold owed between trade parties in pure grams rather than money. Smart Jewelry POS works out pure weight from net weight, wastage and each party’s Labour/Kaat scheme, posts it to their metal ledger, and keeps making, stones and payments on a separate cash ledger.

Both sides of the trade

Gold in from suppliers, gold out to buyers

Buying in

  • Supplier batches accepted with their Labour/Kaat scheme
  • Pure gold owed posted to their metal ledger per metal
  • Stones and making to their cash ledger, per currency
  • Consignment pieces owed only when sold
  • Raw gold issued to vendors and tracked back

Selling out

  • Wholesale invoices in pure grams on the buyer’s scheme
  • Choose which stones to charge in cash
  • Buyer’s gold ledger debited per metal
  • Metal brought in credited with its own Labour/Kaat
  • Wholesale Sales Register, kept apart from retail

Statements in gold

Print any party’s statement with gold and cash sections, for any period.

Balances at a glance

Customer Balances and Vendor Payables show who owes whom, in grams and cash.

Terms frozen per line

Labour/Kaat is copied onto each line, so editing a scheme never changes past bills.

Questions

Jewellery wholesale software FAQ

Can I run a wholesale and a retail counter in one system?

Yes. Wholesale is a checkbox on a normal invoice. Retail bills are priced in money with tax; wholesale bills charge pure gold grams on the buyer’s Labour/Kaat terms, with making and chosen stones in cash.

How do trade buyers settle?

Their gold goes to a metal ledger per metal and the cash part to their customer ledger. They settle by bringing metal, credited with its own Labour/Kaat, or by paying cash against the ledger.

Can I handle my own vendors too?

Yes. Supplier deliveries post to their gold and cash ledgers on their terms, consignment pieces are owed only when sold, and gold issued to vendors is tracked until it comes back.

Do wholesale sales mix with retail reports?

No. Wholesale invoices have their own Wholesale Sales Register and are kept out of retail sales, tax and profit reports.

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