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

Old gold weighed, tested and valued on the bill.

This module records old ornaments a customer brings in: gross weight, deductions for stones and dirt, tested purity and value at the day's rate. The value is adjusted against the new bill or paid out. The old metal then moves into melting stock, so it does not sit unrecorded in a drawer.

In short

Records old ornaments brought by a customer with gross weight, deductions for stones and dirt, tested purity and the value at the day's rate. Adjusts the value against the new bill or pays it out, and moves the old metal into melting stock.

What it does

Inside the module.

01

Weigh and deduct

Gross weight is entered, with deductions for stones and dirt.

02

Tested purity

The purity found on testing is recorded with the entry.

03

Value at day's rate

The value is worked out at the day's rate.

04

Adjust on bill

The old gold value is adjusted against the new bill.

05

Pay out

Where it is not adjusted, the value can be paid out.

06

Into melting stock

The old metal moves into melting stock.

FAQ

Questions, answered.

Can the customer see how the value was reached?

Yes. The entry holds gross weight, the deductions, tested purity and the value at the day's rate. A clear breakup avoids arguments at the counter.

Does it work for old silver too?

Yes. In the Silver Articles ERP old silver is purchased or exchanged with a touch deduction.

What happens to the old ornaments afterwards?

They move into melting stock. From there they can go into a melting lot, where the touch result shows the fine metal recovered.

Which Kreon products include old gold exchange?

Silver Articles ERP, Jewellery Showroom and POS Software. It can also be added to a custom system.

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