To calculate the amount owed by a customer, the merchant may use various devices such as weighing scales, barcode scanners, and cash registers (or the more advanced 'POS cash registers', which are sometimes also called 'POS systems' ). After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but can also be dispensed with or sent electronically. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment. Store staffing levels can also be modified to match peak times and minimize overhead costs.Ī point of sale terminal at a restaurant may be used to enter orders and send them to the kitchen as well as process bills.The point of sale ( POS) or point of purchase ( POP) is the time and place where a retail transaction is completed. Sales analysis can be used to determine customer response to new product offerings and sale prices, as well as the sale of competing and complementary products. Regular inventory checking confirms the stock on hand and provides a control to evaluate the quantity of shrinkage the business is experiencing.Ĭashier software may vary between retail stores.īased on the data collected by the software, the store can now complete sales and activity analysis.

When a new shipment is received, the loading dock scans the product bar code and indicates the quantity received. Inventory records are updated based on the number of units sold, providing accurate tracking and the ability to closely integrate reorder points and manage stock levels accurately. Some cashier software also uses barcode scanners to manage supply and demand by tracking inventory. This information is used for data analysis and review.

In addition to the basic information, online sales all require the customer address and payment method. Once payment is processed, the inventory levels decrease to reflect the sale. The customer selects the products that he or she wants to purchase and adds them to the online shopping cart. Internet or web based sales are a customer initiated process. Online shopping carts may be considered a form of cashier software. The receipt provides the item description for the customer, along with the savings, if the item is on sale. When the product is purchased, it is scanned and the price and description are automatically printed on the receipt. When a product is added to store inventory, the bar code is entered into the primary cashier software, along with the unit price, category, supplier, and item description. Bar code scanning is widely used, as it reduces the error rate significantly and allows the stores to track more information.

Software program kasir restoran