PowerBooks is used by jewelry manufacturers in India and globally to manage their accounting, inventory, and compliance needs. Here's how it's typically utilized in the jewelry manufacturing business:
Jewelry businesses deal with high-value items and raw materials like gold, silver, diamonds, and gemstones. PowerBooks helps in:
Tracking stock by purity and weight (e.g., 22K gold, 18K gold) Batch-wise and lot-wise inventory for stones and finished products Stock valuation based on market rates or cost Godown-wise stock management (e.g., showroom, workshop, warehouse)
Job work orders and tracking material issued to karigars Consumption reports for raw materials Production reports for finished goods Wastage tracking (important in precious metal handling)
Sales and purchase entries with GST compliance Receivables and payables tracking Cost center management for different departments or product lines Bank reconciliation and cash flow management
HSN code management for different jewelry items GST returns filing (GSTR-1, GSTR-3B, etc.) E-way bill generation Audit trail and statutory reports
Barcode/RFID integration for stock tracking Purity-wise pricing Making charge calculations Customer order tracking (especially for custom designs)
PowerBooks provides Service Management to Track service tickets, SLAs, and client interactions, AMC & Subscription Management, to Automate renewals and reminders and Project Profitability Analysis to Drill-down reports on revenue vs. cost per project.
Integration: Sync client data, proposals, and billing with external systems.
Add features like proposal tracking, client onboarding, or SLA monitoring
PowerBooks supports API integrations and is also available with Microsoft Business 365 as PowerOffice, on Google as PowerSpace and on Salesforce as PowerClouds. This Streamlines operations and reduces data duplication.