Point Of Sale Software

Wikipedia, the free encyclopedia, said that "Point Of Sale or Point of Service (POS or PoS) can mean a retail shop, a checkout counter in a shop, or the location where a transaction occurs. More specifically, the point of sale often refers to the hardware and software used for checkouts -- the equivalent of an electronic cash register. Point of sale systems are used in supermarkets, restaurants, hotels, stadiums, and casinos, as well as almost any type of retail establishment."

Point of sale (POS) Software is used in millions of business outlets and shops throughout the world. You can find variety of POS software offered in internet. Some are commercial / prophetiary software, and some are free, and opensource POS software that you can use it freely.

They range from very simple POS programs to a very advanced and sophisticated programs with thousands of different modules intended to organize business operations and to improve efficiency.

POS software usualy used at the place where goods are sold or or services are delivered to customers. In other words POS software takes the place of your cash register. But the Point Of Sale software not only intended to manage the sales itself, but can do much more than just a point of sale tasks. They can manage the whole retail management system for your business. That's why you can find different term used by software developer that actualy the same term of Point Of Sales, including "POS software, Retail software, retail management software, or Cashier software.

When using POS software, all transactions are done by your computer automatically. The process tell the computer what to sell, the selling price and quantity sold. Then it calculates the total, including discount and tax, and tells how much change is. It also records every transaction (sales, discounts, taxes, return of goods, change, ets) and keeps track of everything (moving of goods and cash).

Since the computer remembers every sale, it allows you to automate all kinds of tasks for you. For example, it will calculate your turnover for the day, your sales tax totals, and tell you how many times you sell an item for a given period.

POS software can serve as a complete retail management system that will automate many aspects of your business. The software may include:

* The point of sale
* Reading bar codes
* Accept Credit Card
* Automatic Updates prices
* Purchase Order Management
* Inventory System
* Accounts Receivable
* Accounts Payable
* General Ledger
* Payroll
* Tax Modules
* Monitoring of customers and monitoring of Cashier
* Store Management
* Generate variety of reports (daily, weekly, monthly, and yearly)
* profit/loss analysis, etc.

One thing you may consider before deciding which POS software to use is that each POS system software can be very different. And of course the software can have a huge impact on the productivity of your business.

So, before you decide which POS software you'll use for your business, it's wise to make comparison and evaluating first some of the POS software that suit your busines.

Regards

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