Gold — jewellery & investment

Gold is held by weight, not by value. Businessly tracks what you hold, what moved during the year, and applies your rate at the end.

Gold is the one category where the amount is not a number of rupees. You hold a weight, and its value depends on the rate on your Zakat day.

So Businessly tracks the weight, and applies the rate once — see Rates & the calculation.

Two kinds, deliberately separate

They are separated because the arithmetic differs, not because the metal does.

Weights

Enter weight in whichever unit you actually think in — Unit offers Tola & masha or Grams. Both are stored the same way, so you can mix them across items.

One list of buys and sells

Open Gold — investment (or Gold — jewellery) from your assets and you see one pool of gold, with every buy and sell as a row of its own under Buys & sells.

The top of the screen shows the weight you hold today and what it is worth. Each row below shows the weight that moved, the date, the rate, and the running weight after it.

A row is one of:

• Bought or Bought more
• Encashed — sold for cash
• Gifted out or Sold or gifted
• Received — gifted to you

There is also one Opening row per item — the weight you already held before you started recording.

Each row records the Weight, and for a purchase or sale the Rate /g and Total.

If you try to remove more than you hold, it stops you: Can't remove more than is held.

Opening one row

Tap any row to see it in full: the weight in grams, in tola, and in tola & masha; the rate you paid per gram and per tola; and the total.

A buy is then measured against today's rate, so you can see whether that particular purchase is up or down.

A sell is measured differently — see below.

Edit and Delete are in the ⋮ menu at the top of that screen. Editing is there for the ordinary case of entering rows now and fixing the dates when the receipts turn up. A row in the list also ends in its own ⋮ with Delete this entry, which asks first; a locked year has no ⋮.

Which gold did you sell?

None of it in particular. Gold is gold: when you encash a tola you take weight off the heap, you do not sell one specific purchase.

So the profit on a sale is worked out against the average cost per gram of everything you had bought up to that day. That is the only way that still works when you sell half a tola that came from four different purchases.

A later purchase never changes what an earlier sale made. Your history stays put.

Profit and loss

The card above the list adds it all up: what you paid, what that gold is worth today, and the difference. The graph shows the two lines over time — Paid and Worth.

The app keeps no history of gold prices. The graph is built from the rates you actually transacted at, plus today's rate, joined with straight lines — real points, honestly connected, not a prediction.

Why the rows matter

You could just write down the closing weight. Recording each buy and sell instead means next year's opening weight is already right, you can see when a piece came in or went out, and profit and loss can be worked out at all.

More than one item

Most people keep one pool. If you keep your bars and your coins apart, use Gold — investment (bars, coins, nuggets) from + and each gets its own name. The box icon in the top bar lists your items and their weights; the buys and sells stay in one list, each showing which item it belongs to.

The jewellery deduction

Jewellery carries a deduction before the calculation — for stones, wastage, or whatever basis you follow. It is a single percentage, and it is editable at the point of calculation so you can see its effect immediately.

That is covered in Rates & the calculation.

The worksheet never applies the cut silently: the jewellery row reads, for example, after 12% jeweller's cut, and each jewellery item shows the cut it was valued after. If your items carry different cuts, only the items say so — the summary row stays quiet rather than state one figure that is not true for all of them.