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How-to scenarios

Buying old gold only

View as Markdown

Buy old gold from a customer for cash, without a new sale.

Key features

  • Buy old gold for cash or bank transfer
  • Value on net weight at your buying rate

Steps

Example: Anitha from Dindigul sells an old pair of kammal: net 6.000 g, purity 91.6. You pay ₹6,500 per gram on net weight.

1

Open Old Jewel Purchase

Go to Daily Counter → Purchase → Old Jewel Purchase and add a new entry. The voucher number fills in, e.g. OJP0001.

2

Pick the customer

Choose Anitha as the party.

3

Enter the piece

Enter Pcs, Gross, Stone and Less. Net shows 6.000 g. Change Purity % to 91.6. It starts at 100 on this screen. That gives about 5.496 g pure.

4

Enter the rate

At ₹6,500 per gram on net weight, value = 6.000 × 6,500 = ₹39,000.

5

Pay and save

Add the payment you give Anitha (cash or bank transfer) and save.

Purity % starts at 100 on this screen. Always type the tested purity before saving, or you will overpay.

For cash payments, Payment Settings has a limit of ₹20,000 by default. Pay larger amounts by bank transfer. See Settings.

See Old jewel purchase.

Old jewel purchase

Open the Old jewel purchase page

Old jewel exchange

Open the Old jewel exchange page