© Tally Solutions Pvt. Ltd. All Rights Reserved Tally.ERP 9 for Jewellery Management Solution.

© Tally Solutions Pvt. Ltd. All Rights Reserved

Tally.ERP 9 for Jewellery Management Solution

© Tally Solutions Pvt. Ltd. All Rights Reserved 2 2© Tally Solutions Pvt. Ltd. All Rights Reserved

Agenda

• Jewellery Management Solution –An Overview

• How Jewellery Management Operations are Structured?

• Tally.ERP 9 for Jewellery Management

• Business Process Flow

• Primary Requirement

• Tally.ERP 9- Fitment


Jewellery Management Solution –An Overview

Jewellery Solution

An Overview MIS reports

Finance Management

Goldsmith Management

Stock Management


How Jewellery Management Operations are Structured?

Jewellery Management Solution on Tally.ERP 9

Goldsmith Management Finance Management MIS ReportsStock Management

· Goldsmith’s issues and receipts with samples and stones

· Pending jobs with goldsmith

· Manage labour charges

· Manage wastage

· Payment outstanding report

· Manage counter-wise billing

· Invoice generation

· Cash and bank books

· Bank reconciliation

· Cheque printing

· Multiple payment modes report

· Item wise profit

· Invoice-wise profit

· Order-wise profit

· Balance sheet

· Profit and loss account

· Payroll Management

· Statutory compliances

· Goldsmith-wise stock report

· Salesman-wise commission report

· Outstanding management

· Stock summary

· Stock with third party

· Old gold receipt summary

· Purchase register

· Sales register

· Purchase order outstanding report

· Receipt and payments

· Sales order book

· Stock transfer report

· Re-order status report

Purchase Sales

· Manage supplier database

· Generate purchase orders

· Create goods receipt note

· Manage purchase invoice

· Purchase order outstanding

· URD (Un-registered dealers) purchase

· Pre-closure of orders

· Manage re-order level of stocks

· Manage standard selling rates

· Manage daily price fluctuations

· Generate sales orders

· Manage stock item descriptions

· Manage salesman commission

· Manage estimates & quotations

· Manage customer order processing

· Multiple modes of payment

· Manage customer advances

· Manage ornament exchanges

· Bar code printing and scanning


Jewellery Management Solution –Stock Management

Jewellery Solution


Finance Management


Stock Management


Primary Requirement- Stock Management- Purchase

Category/Module Major Requirement

Explanation

Purchase Purchases from un-registered dealers

Most cases, the gold will be purchased from unregistered dealers.


Primary Requirement- Stock Management- Sales

Category/Module Major Requirement

Explanation

Sales Manage daily price fluctuations

Managing the daily price fluctuation is very important for the retailers. There are chances that the prices may vary multiple times in a single day.

Manage estimates and quotations

Estimates /quotations should be prepared before sales, sales orders, and old gold purchases. If customer confirms the estimates then it should be converted to invoice. Estimates which are not confirmed by the customer, can be removed from the system.

Manage salesman commission

In each sales, multiple sales representative are involved. When they finalize one customer enquiry (order/sales), sale commission has to be accounted and to be added to salary

Custom ornament orders

Complete customer order details should be recorded before transferring to goldsmith. Booking of in-stock ornaments, booking with alterations, processing order based on samples need to be handled appropriately. Entire chain from order-to-goldsmith up to delivery-to- customer should be handled.


Process Flow- Stock Management- SalesSales Management

Ready Ornament Sales Customer Order Processing

Customer walks-in to show room. Sales executive attends

the customer

Customer gives the specifications or pattern he is

looking for

Sales executive showcases the ornaments

Customer makes the payments, collects the ornaments and bill

Customer finalizes the ornaments

Customer walks-in to show room. Sales executive attends

the customer

Customer gives the specifications or pattern

looking for or approximate design

Sales executive collect the old gold, checks the net weight and confirms the quantity

and gives the latest estimate

Customer confirms the order, enquires the ornament delivery

date and pays the advance

Sales executive prepares final bill after considering the

advances and gives to the customer

On the due date, customer makes the payments, collects

the ornaments and bill

Sales executive gives the estimate/ quotation as per the

customer requirement

Old ornament(gold) exchange

Sales executive collects the old gold, checks the net weight and confirms the quantity

After necessary quality checks of exchanged gold, sales

executive gives the estimates to customer

YES

NO

Old ornament (gold) exchange

YES

NO


SL NO Requirement Present in Tally.ERP 9

Present in Solution

1 Jewellery master creation Yes

2 Multiple ornament group creation Yes

3 Multiple stock categorization (22 /24 carat, wedding collection etc.)

Yes

4 Batch management Yes

5 Price level creation Yes

6 Standard selling rates Yes

7 Manage opening balances Yes

8 Multiple units of measures Yes

9 Purchase order Yes

10 Goods receipt note Yes

11 Purchase invoice Yes

12 Jewellery sales order Yes

13 Estimates and quotations Yes

14 Jewellery sales invoice Yes

15 Salesman details Yes

Contd..

Tally.ERP 9 Fitment- Stock Management



Present in Solution

16 Sales order tracking in invoice Yes

17 Item rate based on bill date or order date Yes

19 Item gross weight details Yes

20 Total item charges details (like making charges, stone charges, VAT etc.)

Yes

21 Receipt (advance) details Yes

22 Print receipt (advance) details Yes

23 Manage multiple modes of payments in sales invoice Yes

24 Print sales invoice with complete information Yes

25 Ornaments inward management Yes

26 Manage net weight Yes

27 Stock item monthly summary Yes

28 Batch report Yes

29 Sales order book Yes

30 Manage stock transfers to branches Yes

Contd..




Present in Solution

31 Movement analysis Yes

32 Stock category report Yes

33 Sales order outstanding reports Yes

34 Purchase bill pending report Yes

35 Sales register Yes

36 Purchase register Yes

37 Sales man commission calculation Yes

38 Sales commission report Yes

39 Purchase order outstanding Yes

40 Bar code scanning Yes

41 Bar code printing Yes

Contd..



Jewellery Management Solution – Goldsmith Management

Jewellery Solution


Finance Management


Stock Management


Primary Requirement- Goldsmith Management

Category/Module

Major Requirement

Explanation


Issues and receipts

Goldsmith issues and receipts need to be recorded with samples drawings if any. The pending jobs with goldsmith, work to be given to goldsmith, labour charges and delivery schedule reports are very important.



Present in Solution

1 Goldsmith database management Yes

2 Our-stock-with-goldsmith Yes

3 Find third party stock with us Yes

4 Multiple goldsmith management Yes

5 Stock transfer to goldsmith Yes

6 Goldsmith-wise pending order report Yes

7 Goldsmith-wise sales order report Yes

8 Stock receipt from goldsmith to showroom Yes

9 Goldsmith-wise order pending report Yes

10 Goldsmith commission or wages management Yes

11 Wastage management Yes

12 Goldsmith-wise stock report Yes

13 Delivery schedule report Yes

Tally.ERP 9 Fitment- Goldsmith Management


Jewellery Management Solution – Finance Management

Jewellery Solution


Finance Management


Stock Management



Present in Solution

1 Manage counter-wise billing Yes

2 Invoice Yes

3 Cash and bank books Yes

4 Receipts and payments Yes

5 Bank reconciliation Yes

6 Cheque printing Yes

7 Multiple modes of payment Yes

8 Calculate item wise profit Yes

9 Manage invoice wise profit Yes

10 Calculate sales order wise profit Yes

11 Manage outstanding Yes

12 Payroll Yes

13 Balance sheet Yes

14 Profit and loss account Yes

15 Statutory compliance Yes

16 Branch management Yes

Contd..

Tally.ERP 9 Fitment- Finance Management



Present in Solution

17 Data synchronization between branches Yes

Contd..

Tally.ERP 9 Fitment- Finance Management


Jewellery(Retail)Management Solution – MIS Reports

Jewellery Solution


Finance Management


Stock Management



Present in Solution

1 Goldsmith-wise stock report Yes

2 Sales man- wise commission report Yes

3 Stock summary Yes

4 Summary of old gold receipt Yes

5 Purchase register Yes

6 Sales register Yes

7 Order-wise outstanding report Yes

8 Receipts and payment report Yes

9 Stock transfer report Yes

10 Daily sales report Yes

11 Daily purchase report Yes

12 Daily gold price report Yes

Tally.ERP 9 Fitment- MIS Reports


Thank You

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© Tally Solutions Pvt. Ltd. All Rights Reserved Tally.ERP 9 for Jewellery Management Solution.

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Transcript of © Tally Solutions Pvt. Ltd. All Rights Reserved Tally.ERP 9 for Jewellery Management Solution.