How to handle a jewelry or watch buyback

Jewely Retail has modules dedicated to jewelry buyback and at watch buyback second-hand, incorporating the legal obligations specific to each type of product.

1. Access the buyback module

In Purchases > Buybacks, select:

• Jewelry buyback for jewelry and jewelry pieces.
• Buying back watches for watch parts.

Click on New acquisition.

2. Identify the client

Enter or select the client from the database. Provide the required supporting documents: proof of identity and, if available, the original invoice of the product.

3. Describe the article

Provide details of the item: brand (for watches), type, materials, condition, and the proposed buyback amount.

4. Calculation of capital gains tax

Jewely Retail automatically calculates the applicable capital gains tax:

• 6,5 % for jewelry.
• 6,5 % for watches.

5. Generate the slip and the Cerfa form

THE purchase slip and the form Cerfa are automatically generated and archived in the ERP. The item is then available for stocking as a used product.

6. Automatic stock entry

Once the purchase is validated, the product can be directly integrated into the stock in Jewely Retail (with label generation) for quick resale.