Wholesalers of diamond jewellery

As a wholesaler of diamond jewellery, it is of utmost importance that you are able to manage the accounts in Diamond as well as Currency, effectively and efficiently. In other words, managing Karigar / Smith / Artisan records as well as customers / party records is crucial for you.

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ORNATE 2020

ORNATE-2017 allows a Wholesaler to manage this function very well through the Wholesale entry.

Whenever you issue diamonds for manufacturing or receive ready ornaments from manufacturing (Artisan / Karigar / Smith), then ORNATE-2020 will allow you to maintain the stock balance of each Artisan in either fine weight or net weight. You can also choose to specify labour charges in either currency or diamond (in the form of wastage). Artisan payments can also be made in either currency or diamond. You can convert such outstanding from diamond to currency or vice-versa by using the Fixing option of ORNATE-2020 .

The wholesale business needs quick and easy entry format, which is one of the key feature in ORNATE-2017 . In one single entry screen, all types of different transactions like Issue, receipt, rate fixing, currency payment and receipt is available. There is a facility to enter Fixed transaction (outstanding to be kept in amount) and Unfixed transaction (outstanding to be kept in diamonds) in a single entry form. There is a separate option that allows you to define fix wastage or item wise wastage.

You can also define the setup to calculate wastage on net weight or fine weight. In the same setup, you can also define fix or item-wise labor charges for the supplier or artisan. This labour can be calculated on gross weight, net weight or fine weight. You can also define sales and purchase transactions as retail and wholesale type. In case of retail sales or purchase, outstanding will be kept in amount and in case of wholesale, outstanding will be kept in fine weight.

You can also define sales and purchase transactions as retail and wholesale type. In case of retail sales or purchase, outstanding will be kept in amount and in case of wholesale, outstanding will be kept in fine weight.

There is a facility to define base purity of Gold as 100, 99.90 or 99.50. Along with this, a facility to ‘round-off’ fine
diamond is also available.

All vouchers like diamond issue, diamond receipt and cash or cheque payment can be printed online while entering data. Apart from the above, Diamond Jewellery Wholesalers need to maintain.

ORNATE-2020 PROVIDES THESE REPORTS:

DIAMOND & CURRENCY LEDGER
FOR ARTISAN/PARTY

STOCK & INVENTORY

DIAMOND BALANCE SHEET

RATE FIXING REGISTER

ACCOUNTING MANAGEMENT