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POS MEANING SOFTWARE
Almost every POS consists of software and hardware components that makes it easy for retailers to manage their daily operations.
POS MEANING MANUAL
POS is an advanced version of excel, book keeping and maintaining manual cash registers. POS that can also be termed as ‘retail management system’ acts as a central component for businesses, as it is linked with sales, customer management, inventory, stock, equipment, staff, etc. This receipt can also be sent electronically. After the merchant has received the payment, he/she will issue a printed receipt for the transaction to its customers. For every instance, if a customer is buying something from a store they are completing a Point of Sale (POS) transaction. It is basically the place and time where a retail transaction is completed. Point of Sale (POS) is a place where customer makes a payment for the purchased goods and services at a particular store.
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