Recent Articles

Point of Sale System

A point of sale system is designed to provide sales volume, form of payment, customer sales, and inventory information. At the end of each day, the till box must be reconciled in order to control cash. By using a point of sale system sales can be compared from one period to the next.

Inventory Management – Specific Identification Method

12/17/2014

There are several methods used to manage and track inventory in retail.  One of the most accurate inventory management tools is the specific identification method.  In this system each piece of inventory is monitored and tracked throughout the [...]

Point of Sale System – Introduction

12/03/2013

Almost all retail based operations require a Point of Sale (POS) System to properly record the customer and product activity.  So what is a Point of Sale System?  How is it set up?  What information should we get from this system?  How does a [...]