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    POS (Point Of Sale)

Point Of Sale

A retail point of sale system typically includes a cash register (which in recent times comprises a computer, monitor, cash drawer, receipt printer, customer display and a barcode scanner) and the majority of retail POS systems also include a debit/credit card reader.

Sale

A sale is a transaction between two parties where the buyer receives goods (tangible or intangible), services and/or assets in exchange for money

Inventory Control

An inventory control system is a system the encompasses all aspects of managing a company's inventories; purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering.

Billing

Process of generating an invoice to recover sales price from the customer. Also called Invoicing.

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POS Features

A retail point of sale system typically includes a cash register (which in recent times comprises a computer, monitor, cash drawer, receipt printer, customer display and a barcode scanner) and the majority of retail POS systems also include a debit/credit card reader.

  • Sale

  • Billing

  • Inventory Control

  • Reports

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