(Available in Diamond and 24karat)

Gold as Inventory

PPSS includes an automated loan-amount calculator for gold. It computes the suggested amount to lend based upon settings in Program Setup and input at the time of the loan.

The program uses 3 variables for computing gold value: Carat (% gold), Weight and $ per unit weight.

Procedure:

1.   In PPSS go to File, Program Setup, Pawn Opt and enter a value for 'Loan per Gram of Gold'.

2.   On the New-Pawn Screen, check 'Item is gold'.

3.   Choose a Carat level. The Standard % gold for that percentage appears in the Gold Box. (Edit if desired.)

5.   Enter a weight in the Weight of Item In Grams Box. As long as these are both set in the same unit, any will work, gram, or pennyweight, or ounce.

The suggested amount to lend is displayed.

PPSS gives total control over accepting gold as pawn collateral. The challenge still remains, however, for the user to properly evaluate each gold piece.

For support please Email the Help Desk