A ledger in grams beside the ledger in rupees.
This module runs a metal ledger in fine weight beside the money ledger for every customer, supplier and karigar. It records rate fixing, also called a rate cut, where a metal balance is converted to money at an agreed rate. Ordinary accounting shows only rupees, so the gold a party owes you never appears anywhere.
Runs a metal ledger in fine weight beside the money ledger for every customer, supplier and karigar. Records rate fixing (rate cut), where a metal balance is converted to money at an agreed rate, and shows unfixed metal owed either way.
Inside the module.
Metal ledger
Every customer, supplier and karigar has a ledger in fine weight.
Money ledger alongside
The same party's money ledger runs beside the metal ledger.
Rate fixing
A metal balance is converted to money at an agreed rate.
Unfixed metal owed
See unfixed metal owed to you and by you.
Karigar metal accounts
Karigars are held in metal ledgers like customers and suppliers.
Part of 4 products.
Gold Jewellery Manufacturing ERP
Kreon Jewellery ERP's gold jewellery manufacturing software is built for workshops and factories that supply wholesalers,…
View JewellerySilver Jewellery Manufacturing ERP
This silver jewellery manufacturing software from Kreon Jewellery ERP is made for payal, chain and 925 makers who sell to…
View JewelleryMangalsutra Manufacturing ERP
Kreon Jewellery ERP's mangalsutra manufacturing software is for workshops that supply wholesalers and retailers.
View JewelleryBullion Trading Software
Kreon Jewellery ERP's bullion trading software is for bullion dealers, refiners with a trading desk and large jewellers who buy…
ViewQuestions, answered.
What is rate fixing?
It is the point where a metal balance becomes a money balance. You and the party agree a rate, and the software converts the metal owed into rupees at that rate.
Why keep two ledgers for one party?
Because a party can owe you gold and money separately. If both sit in one rupee figure, the gold has to be valued at some rate before anyone has agreed one.
Can we see how much metal is still unfixed?
Yes. The module shows unfixed metal owed either way: what parties owe you and what you owe them.
Which Kreon products include metal accounts and rate fixing?
Gold Jewellery Manufacturing ERP, Silver Jewellery Manufacturing ERP, Mangalsutra Manufacturing ERP, Bullion Trading Software. It can also be added to a custom system.
Tell us what is slowing your business down.
We will tell you, honestly, whether software can fix it. If it cannot, we will say so.