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Gold And Jewelry Stores Management in United States

What professionals in this field deal with in United States, from official sources, and a program built for the profession that keeps your records on your own computer.

From $4 a month

Official systems and rules for this profession in United States

Bawabetna summaries of official publications, each linked to its source. The official text prevails. These systems are run by the authorities: you use them directly, and the program keeps your own records organised alongside them.

Anti-money laundering program for dealers in precious metals and jewels

Each covered dealer in precious metals, precious stones or jewels must develop and implement a written anti-money laundering program, approved by senior management, reasonably designed to prevent the business from being used for money laundering or terrorist financing through the purchase and sale of covered goods, and make it available to FinCEN on request.

31 CFR § 1027.210 · Official source

What the program does

  • Working screens: Customer, Gold rate, Piece, Gold sale, Sale line, Scrap purchase, Jewelry repair.
  • Home page alerts: Today's gram rates, Sales today, Open sales, Pieces in the store, Scrap gold in the store, Repairs ready for pickup, Consignment / memo returns due (14 days).
  • Reports: Stock by karat (grams), Sales by day, Grams sold by karat, Scrap bought by karat.
  • Printing: Print sale invoice, Print piece tag, Print scrap receipt.
  • Roles with their own permissions: Store owner, Sales staff, Store keeper, Manager.

Full program details

Common to every Bawabetna program

  • Your records stay encrypted on your own devices
  • Works without internet
  • 16 languages, printing and backups
  • Import from your previous software
  • Clients control their own consent

Business rules in United States included in your program

Federal corporate income tax

A corporation figures federal income tax by multiplying taxable income by 21% (Form 1120, Schedule J, line 1a). The return is generally due by the 15th day of the 4th month after the end of the corporation's tax year (with an exception for fiscal years ending June 30). Sales taxes are set by states and local governments; check your state. Reference: Internal Revenue Service (IRS), 2025 Instructions for Form 1120.

Official source