ERP for gold and jewellery shops: when you need it and what it covers
How an ERP differs from point-of-sale and accounting software in a gold shop, when you need one, what it should cover from sales to accounting, and how to move to it in stages.
How an ERP differs from point-of-sale and accounting software in a gold shop, when you need one, what it should cover from sales to accounting, and how to move to it in stages.
A practical guide to counting a gold shop's stock: barcodes versus RFID tags, preparing the pieces, counting with a reader and a phone, and handling shortages and surpluses with approval and minutes.
What a gold shop needs from its accounting software: automatic entries from every transaction, a chart of accounts that tracks gold by weight, debts in grams, making profit kept apart from metal gains, and month-end close.
A practical guide to managing a gold shop's inventory in grams and karats: what to record for each piece, working out the 24K equivalent, shift reconciliation, barcode and RFID stock counts, and handling differences.
A practical guide to choosing gold shop software in Kuwait: ten criteria from inventory by weight and karat to accounting, branches and RFID, plus the questions to ask any vendor before you buy.