Components of Point Of Sale System
Understanding Point of Sale and Point of Sale System
Point of Sale (POS) system is a system used in managing commercial good and services. POS system includes software and hardware. The term of Sale refers to the
The electronic cash register is the most basic POS system. The items are passed through to a cash register, detect the item code and print a receipt. On the other hand, cash registers may be able to provide detailed reports on sales weekly, monthly or annually. In a more complex form of POS system, it features
Understanding the POS Hardware
POS hardware is the principal component of POS system. POS hardware includes display screen, customer display screen, cash drawer, swiping device (for credit cards), printer, computer and a bar code reader. All of these are components of POS terminal, the crucial component of POS hardware. POS terminal processes any transactions involving credit cards, debit cards and checking accounts.
Understanding the POS Software
While POS hardware centers on credits and checks, POS software keys on calculating sales through cash registers. POS softwares are programs that help function the whole system and is responsible on sending and receiving information or data in the system. Thus, Point of Sale Softwares are for data storage, and tracking and recording of sales.
The following are primary tasks of POS software:
manages inventory sales (inventory database)
The inventory management capacity of Point of Sale system is very useful for business especially for those with multiple store chains. Besides from the product and service