Jewellery

ERP Software for Jewellers and Gold Businesses in India

Gold rate billing, hallmarking, and karatage tracking for jewellers

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₹5L Cr
India's jewellery market size
3%
GST on gold jewellery
500K+
Jewellery retailers in India

Challenges Faced by Jewellery Businesses

Gold rate fluctuations and billing accuracy

Gold prices change daily. Billing customers at yesterday's rate or the wrong purity creates disputes and revenue loss. ASTech ERP integrates live gold rates and calculates the invoice amount based on the current rate at the time of billing.

HUID tracking for hallmarked jewellery

BIS mandates HUID (Hallmark Unique Identification) numbers on all hallmarked gold jewellery. Tracking HUIDs against each piece sold and maintaining records for audits is mandatory. ASTech ERP records HUID numbers on invoices and maintains a searchable HUID database.

Old gold exchange and melting accounting

When customers exchange old jewellery, the exchange value, making charges on new jewellery, and net payable must all be tracked correctly. The system handles old gold exchange transactions with proper accounting entries.

Real-World Use Cases

The Challenge

A gold and diamond jewellery retailer in Jaipur managing 5,000 pieces with HUID compliance

Our Solution

HUID tracking, live gold rate billing, and old gold exchange module

The Result

HUID audit compliance achieved; zero billing disputes in 6 months after implementation

Key Modules Included

InventoryGold Rate BillingHUID TrackingOld Gold ExchangeGST

Frequently Asked Questions

How does live gold rate billing work?+
You can configure the gold rate manually each morning or integrate with a rate feed. When creating an invoice, the system calculates the value based on weight, purity, and the current gold rate, plus making charges. The rate used is recorded on the invoice for transparency.
What is HUID and how does ASTech ERP handle it?+
HUID (Hallmark Unique Identification) is a 6-digit alphanumeric code on BIS-hallmarked jewellery. ASTech ERP records the HUID against each piece in inventory and prints it on sale invoices, as mandated by BIS regulations.
What is the GST on gold jewellery and how is it calculated?+
Gold jewellery attracts 3% GST on the total value (gold + making charges). Diamonds and precious stones attract 0.25% GST. ASTech ERP calculates GST correctly based on the item composition.
Can I manage repair orders and karigar tracking?+
Yes. Repair orders are created with the customer's jewellery details and expected completion date. If the piece is given to a karigar (artisan), it is tracked as job work. Repair charges and any additional material used are billed on return.
How does the old gold exchange process work in the system?+
When a customer brings old jewellery, you create an exchange entry recording the weight, purity, and agreed exchange value. This value is adjusted against the new jewellery invoice, and the accounting entries (purchase of old gold, sale of new jewellery) are posted automatically.

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