J-06 · Sell · Buyback & trade-in
Old gold exchange software records the gold a customer brings in and turns it into credit against a new piece. In GetJewelryPOS the trade-in is a purchase from the customer, with weight, karat and your deduction, valued at the rate you entered for the day. That value is offset against the new sale, so the customer pays only the difference.
Definition
A deduction is the percentage a jeweler takes off the value of old gold when buying it back or accepting it in exchange. It covers melting loss, solder, impurities and handling. Stores set their own deduction, often different for exchange and for outright cash buyback, and showing it openly builds trust.
J-06 · At the counter and the bench
Weigh the customer's old gold and confirm its karat with your own testing. Note stones, solder or damage that affect the value before you agree anything.
Enter the old gold as a purchase from the customer, with weight, karat and your deduction percentage. The value comes from the rate you set for the day.
Add the new item to a sale as usual, priced by weight, karat, making charge and stones, or at its fixed tag price. The old gold credit is applied in the next step.
Apply the old gold value against the new sale. The invoice shows both sides, and the customer pays the remaining balance by any method. Print the invoice for the customer's file.
Specification
The trade-in is a proper purchase from the customer, not a discount. Your stock and accounts show old gold received, which matters when you sell it on to a refiner.
Each exchange records the weight, the karat and the deduction percentage. Anyone reading the record later can see exactly how the value was reached. The deduction can differ for each transaction if you negotiate.
The old gold is valued at the rate you entered that morning. The same rate prices the new piece, so both sides of the deal match. Change the rate and new exchanges use it from then on.
The new sale and the old gold credit sit on one invoice. The customer sees the new piece, the exchange value and the balance due. Print it in the shop's language so the whole family can read it.
When a customer only wants to sell, record the purchase and pay out. Use a different deduction for buyback than for exchange if that is your policy. Cash buybacks appear in purchases like any other supplier entry.
Exchanges stay on the customer record. Regular customers who upgrade every festival season have their full trade-in history in one place. Staff can see past deductions and weights before quoting, which keeps offers consistent between counters.
By market
Same software, local habits. Pick a market to read the note for it.
US · USD
Buying secondhand gold in the US is regulated by state and city, often with ID and hold-period rules; record the seller on the customer record and follow your local requirements. Sales tax applies to the new piece as your state sets it.
Jewelry POS in United StatesAE · AED
Exchange is routine in UAE gold shops; show the new piece VAT-inclusive with the old gold credit beside it, and share the breakdown on WhatsApp when a family is deciding.
Jewelry POS in UAEPK · PKR
In Pakistan, old jewellery is commonly exchanged per tola at the day's sarafa rate with a deduction (kaat); weigh in tola, record the kaat percentage and print both on the bill.
Jewelry POS in PakistanThe software does not test gold. Karat and weight come from your scale and your testing, and the deduction is your decision. There is no live gold feed; you enter the rate. Identity checks and records for buying secondhand gold follow your local rules and are the store's responsibility. Payouts by card or transfer go through your own bank or processor.
Under the loupe
As a purchase from the customer, with weight, karat and deduction. It is not entered as a discount, so stock and accounts stay correct.
Yes. The exchange value is applied to the new sale and the customer pays the difference. Both appear on one invoice.
You do. Set the percentage per transaction, and use different deductions for exchange and cash buyback if your policy does.
No. Karat and weight come from your own testing and scale. The software calculates from what you record.
The rate you entered for the day. There is no live gold feed, and no rate is fetched automatically.
Yes. Record the purchase from the customer and pay out. It appears in purchases and on the customer record.
Weigh and value the gold as you normally do and note the stones. Record the gold weight you are paying for, not the gross weight.
That depends on your local rules. Use the customer record and custom fields to keep what your city, state or country requires.
Yes. Old gold received is stock you can report on, ready to send to a refiner or remake.
J-04Gold pricing by weightPrice gold by weight, karat, your daily rate, making charge and stones, in grams or tola.
J-07Custom ordersQuote, take a deposit, track production stages and finish with one invoice that credits every payment.
J-08Customers & occasionsPurchase history, ring sizes, occasions and reward points on every customer record.14 days free · no card needed · cancel any time
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