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Pawn Broker Solutions

Pawn Broker Solutions
Product Code: 008
Availability: In Stock
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Structure of  Gold Smith Structure

This Vertical facilitates user To capture the details of Pledge IN of the ornaments with party name, date and Pledge In No to get the same track for the Interest Booking and pledge Out, Automatic generation of Loan payment and receipt entries after booking the Interest for the new bills and old bills. It facilitates to capture the Gold Making process with tracking details and reports for the same.

Pledge In and Out Management
Category / Module Major Requirement Explanation
Pledge In and Out       Management Pledge In In this when the customer comes to pledge in the jewels or ornaments  the gold smith will be passing this pledge in entry by mentioning the pledge in no, pawner name, item name, gross weight, net weight, loan amount and  present value.
  Auto loan  payment In this once the pledge In entry is accepted automatically loan payment entry gets generated  with the details of pawner name, bill reference, pledge in no and date.
  Interest Booking In this once the loan payment entry is done the gold smith books the interest based on the percentage, effective date of transaction and  interest style.
  Auto loan receipt In this once the interest booking is done and when the  pays the loan and interest amount automatically loan receipt entry is generated against the loan payment entry.
  Pledge Out In this when the customer pays the loan  amount with interest the gold smith has to make a pledge out entry to return the item against the pledge in which reduces the stock and same will be reflected in the stock summary and go down summary report.

Tally.ERP 9 Fitment – MIS Reports
SL No. Requirement Part of Tally.ERP 9 Part of Solution
1 Day Book Yes  
2 Customer Wise Report   Yes
3 Interest Received Report   Yes
4 Outstanding Receivables Yes  
5 Customer Wise Receivables   Yes

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