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Daily metal rate

View as Markdown

Gold and silver prices change every day. Enter today’s rate each morning before the first bill, so every estimate, sale and purchase uses the right price.

Menu: Accounts → Finance → Metal Rate. You can also click Update rates on the Dashboard banner.

If you see “Today’s rates are not updated” on the Dashboard, enter today’s rate before billing.

Metal rates list

Enter today’s rate

1

Click Add Rate

2

Check the date and time

Effective Date is filled in with today’s date. Choose the Effective Time, for example 9:30 AM, when your shop opens.

3

Enter the rates for each metal

For Gold and Silver, type:

  • Selling Rate, the rate you sell at
  • Buying Rate, the rate you buy old gold or silver at

Add a Description if you like, for example Madurai jewellers association rate.

Add metal rate

4

Click Save rates

Did the rate change in the afternoon? Add a new rate with the new time. Bills made after that time use the new rate.

Upload rates from Excel

Click ⋯ → Download template, fill it in, then use Upload Excel. Last upload history shows your past uploads.