Suppliers & Purchasing Management – Gold Core ERP
The Supplier Management system links the Gold management suite with purchasing, stores and accounts and their financial effects, while the Purchasing Management system is the intermediary between the organisation's goods suppliers and its stores; it is part of the Gold management systems and performs its tasks in full integration with them.
Key functions
- Record purchases of new and scrap gold (wholesale and retail) with an immediate effect on the gold treasury.
- Add purchase or sale transactions for manufactured gold, including the selling price of making charges, settled in cash, by weight or both.
- Add indirect purchase or sale transactions (closing) for unmanufactured gold, with no effect on the gold treasury until actual settlement (issuing a gold receipt or payment voucher).
- Add purchase returns or sales returns for manufactured, unmanufactured or indirect gold.
- Automatic settlement of gold purity ratios (the standing karat) during the purchase, or settlement when needed through dedicated purity-settlement transactions that record the resulting differences in their specialised accounts.
- Handle non-gold items in purchasing.
- Open the supplier account and enter its detailed data and all its links, as a single account or one linked to a group.
Key features
- Issue purchase invoices and purchase-return invoices of every type.
- Issue purchase invoices and purchase-return invoices of every type.
- Link gold bags by type and weight to items in sales and purchase transactions.
- Handle non-gold items (wax, gypsum, boxes, packets, zircon, cases, and any other materials and supplies).
- Handle types of precious stones (diamond, ruby, coral, pearl, zircon, etc.) in purchase transactions, either tied to the gold or separately from it.
- Obtain analytical and summary reports on purchasing with a variety of options, such as purchase invoice, return and net purchase reports.
- Obtain a variety of detailed or summary supplier reports.
