POS System

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The concept POS system comes from the English term Point of Sale (also sometimes referred to as Point of Purchase (POP) or checkout is the location where a transaction occurs). The POP system is a hardware-software complex installed on the workplace of the cashier. This system helps with creating convenience for cashiers, accelerates the process of service and improves the accounting. A "checkout" refers to a POS terminal or more generally to the hardware and software used for checkouts, the equivalent of an electronic cash register. A POS terminal manages the selling process by a salesperson accessible interface. The same system allows the creation and printing of the receipt.

Contents

Main positions

A POS system is composed of several components, for example:

  • Computer, monitor and keyboard;
  • Fiscal and kitchen printer;
  • Barcode scanners and magnetic stripe card readers;
  • Additional display for information to the client;
  • Electric cabinet;
  • Electronic scale;
  • Peripherals;

The management of the complex is done by the application software, which is called front office. The front office functionality is developed in Microinvest Warehouse Pro Light.

Key Features

The POS system provides many features, which optimize the work of cashiers. The most often used are:

  • Search and find function – searching items by code, barcode, name, part of name and price;
  • Checking and calculating the quantities of goods after each operation. In this way the operators always know what products are available and what should be ordered;
  • Automatic payments and tracking of all incoming resources;
  • Discounts management.

The set of functions guarantees the facilitation of the work of cashiers and waiters, and automates their daily activities.

Links between the POS system and the Reports

All operations performed by the POS system are recorded in real time in a central database. This database stores all individual transactions and their processing and allows creating multiple reports. Transactions come from all workstations and are consolidated in real-time in the database.

The POS system ensures the work in each point. If the system is too slow and does not work properly, it will be rather an obstacle for the operators to work. If the system is fast, reliable and flexible, it will optimize the work of all operators. One POS system is more effective, when it is unnoticeable for the operators and when it can performs most tasks alone.

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