Point of Sale (POS)

The point of sale (POS) or point of purchase (POP) is the time and place where a retail transaction is completed. 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. 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. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but is increasingly being dispensed with or sent electronically.

To calculate the amount owed by a customer, the merchant may use various devices such as weighing sales, barcode scanners, and cash registers. To make a payment, payment terminals, touch screens, and other hardware and software options are available.

The point of sale is often referred to as the point of service because it is not just a point of sale but also a point of return or customer order. POS terminal software may also include features for additional functionality, such as inventory management, CRM, financials, or  warehousing.

Businesses are increasingly adopting POS systems, and one of the most obvious and compelling reasons is that a POS system does away with the need for price-tags. Selling prices are linked to the product code of an item when adding stock, so the cashier merely needs to scan this code to process a sale. If there is a price change, this can also be easily done through the inventory window. Other advantages include the ability to implement various types of discounts, a loyalty scheme for customers, and more efficient stock control.

  1. How to Create Point of Sale (POS)?
  2. How to Edit Point of Sale (POS)?
  3. How to Delete Point of Sale (POS)?

How to Create Point of Sale (POS)?

  1. In the Entry menu, select Point of Sale (POS).
  2. Then Click Add New(+ Button).
  3. Select Date.
  4. Type Ledger Name Cash. How to Create Ledger.
  5. In Item Detail Type Brcode, Item Name, Quantity, Rate Value & Vat.
  6. In Account Detail Type Ledger Name & Dr. Amount or Cr. Amount.
  7. Type Narration.
  8. Then click Save.

How to Edit Point of Sale (POS)?

  1. Click on the Point of Sale (POS) which you want to edit.
  2. Then Click Edit Button.
  3. Change Date.
  4. Update Ledger Name Cash. How to Create Ledger.
  5. In Item Detail Update Brcode, Item Name, Quantity, Rate, Value & Vat.
  6. In Account Detail Update Ledger Name & Dr. Amount or Cr. Amount.
  7. Then click Save.

How to Delete Point of Sale (POS)?

1. Click Delete button on the Point of Sale (POS) which you want to Delete.

2. Click Delete.