As a wholesaler of diamond jewellery, it is of utmost importance that you are able to manage the accounts in Metal 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.
Whenever you issue metals for manufacturing or receive ready ornaments from manufacturing (Artisan / Karigar / Smith), then ORNATE-2017 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 metal (in the form of wastage). Artisan payments can also be made in either currency or metal. You can convert such outstanding from metal to currency or vice-versa by using the Fixing option of ORNATE-2017.
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 metals) 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.
Based on the definition of retail and wholesale bill, one can define calculation of sales labor charges on the gross weight or net weight. You can fix metal rates against any outstanding metal (i.e., conversion of your metal outstanding into amount) or you can fix any outstanding amount (i.e., conversion of your amount outstanding into metal).
All vouchers like metal issue, metal receipt and cash or cheque payment can be printed online while entering data.
ORNATE-2017 provides these reports
Metal & Currency ledger is available in detailed as well as summarized format. It helps in balancing customer, supplier and artisan accounts on the basis of both metal and currency at a time. The Outstanding report (Metal & Currency) is very precise and in crisp format.
All items can be tagged with plain computerized tags.
All stock reports are available on gross weight, net weight or fine weight as per requirement. A separate, item-stock ledger report with wastage issue and wastage receipt is also available.
To maintain stock of your real metal Jewellery, precious and semi-precious stone Jewellery, ORNATE 2017 provides studded Jewellery management functionality.
Based on the above information, the software generates different reports having total stock, bifurcation of stock with metal and stone details as well as separate summaries of metal and stone stock, style wise and size wise stock.
A separate report indicating gain & loss incurred from transactions based on fine metal is available with control report option.
You can fix metal rates against any outstanding metal (i.e. conversion of your metal outstanding into amount) or you can fix metal rates against any outstanding amount (i.e. conversion of your amount outstanding into metal).
Apart from Supplier / Customer outstanding, reports would include all reports right from cash book, bank book, journal, day book, ledger accounts to control reports like trial balance and Opening trial balance sheet. Apart from this, all registers like issue, receipt, sales and purchase are also prepared in pre-defined formats.