subject: Learn All About Epos Software [print this page] Learn All About Epos Software Learn All About Epos Software
The Purpose of EPOS Software
Electronic Point of Sale or EPOS is the software and hardware used by transaction activities inside a retail store or a hospitality setting. The most crucial feature of EPOS systems is that their they are electronically powered and quite often comes with a touchscreen display interface.
The many products that a shop sells will likely be scanned with a handheld scanning device which is recognized by the cash register and so the details and value will be shown on the screen. Items could also be picked from your selection of menus and could be selected by touching the best merchandise on screen. After that, the device will automatically add the whole value for items once payment is accepted, the calculating change will be required. An EPOS is also connected to a pin and chip device to approve payments.
Accounts built-in systems can be found, usually furnished with many different modules offering a multitude of features. The accounts plug-in enables all products which are placed within the accounting system being shown on the till system as well as for all of the sales figures to feed-back in the accounts system; replacing the necessity to manually go into the sales figures.
Since these systems are attached to items it is also capable of managing stocks and also subtracting the number of products out of stock of the stock records as required. This enables store owners to watch live status of inventory which is really beneficial in the event the business has several stores. As an example, regardless of whether it's just the shop and an online outlet this will stop both locations from selling the last stock item. Using this kind of integrated reports what's more, it possible to distinguish the best selling products within the store.
The most obvious substitute for EPOS system will be the till system that may basically records sales or money coming in, but it cannot manage the stocks. However, the till system cannot be connected to an accounts system, meaning figures must be entered by hand on a daily or weekly basis.
