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Gold chains with price tags hanging on a jeweller’s display board

One rate for the day, used everywhere.

This module holds the day's gold and silver rates by purity, with a history of every change. Billing, estimates, old gold valuation, scheme redemption and stock valuation all read the rate from this one place. That stops the common problem of two counters billing the same kind of piece at different rates.

In short

Holds the day's gold and silver rates by purity (24K, 22K, 18K, silver touches) with a history of every change. Billing, estimates, old gold valuation, scheme redemption and stock valuation all pick the rate from here.

What it does

Inside the module.

01

Rates by purity

Enter rates for 24K, 22K, 18K and each silver touch.

02

Change history

Every rate change is kept, so past rates can be looked up.

03

Feeds billing

Bills and estimates pick up the rate without typing.

04

Old gold valuation

Old ornaments are valued at the day's rate for their purity.

05

Stock valuation

Stock is valued using the rates held here.

06

Scheme redemption

Savings scheme redemption reads the day's rate from the same place.

Where you find it

Part of 9 products.

FAQ

Questions, answered.

Can the rate change during the day?

Yes. You can update the rate when the market moves, and every change is kept in the history.

Can we check the rate on an earlier date?

Yes. The history holds every change, so you can look up the rate that applied on a given day. This settles questions from customers and from your own accounts team.

Which Kreon products include daily metal rates?

It is part of 9 Kreon products, including Gold Jewellery Manufacturing ERP, Silver Jewellery Manufacturing ERP, Silver Articles ERP, Diamond Jewellery ERP, Antique Jewellery ERP, Mangalsutra Manufacturing ERP. It can also be added to a custom system.

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