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Understanding Pos Billing System And Its Components

Nobody can run a store smoothly if there is issue relating to service, organising and selling. Your store should be stacked with inventory at all times to serve the customers with the best quality product. Apart from the inventory you should also be well-acquainted with the reports and profits to get an idea of your business growth and revenue generation.
In this automated world, it is better to be updated. This has given rise to installing POS billing system. In Kolkata and all around India, the POS system has impacted greatly as more vendors and sellers are opting for the billing software for smooth processing of the store. Given are some tips for you to decide on the device and process.
What is POS Billing System?
POS or Point of Sale system is a device or bunch of them used in a store for billing. It is used to produce the billing amount to the customers as per their purchased items. To compile the method, every customer who is visiting a store and completing a buying circle are included in the POS transaction. ...
... The method is pronounced to be one of the best ways to know the exact status of your business as you can get to know a lot of features from the device like inventory management, sales and purchase reports, daily, monthly and yearly transactions and even get to know your customers through creating their profiles.
This is replacing the age old process of manual accounting that included maintaining cash registers, quick books and updating excel files. POS needs only some bit of manual inputs, rest all are managed automatically.
So Why it is Still Not Widely Adopted if it has the Feature of Quick Processing?
The fear of letting everything over the internet or cloud is daunting for a business house. POS is a combination of hardware and software and works perfectly in all situations. There are a number of positive impacts to this method which are not available to manual record keeping.
The Components of POS
Display: This is the main component of the entire device. The monitor or display lets you have a look at the entire functionalities that is being prompted. Tablets and LCD screens are replacing the old monitors presently.
Barcode Scanner: No need to feed the products by typing in the initials. Advanced technologies have eased the process with the unique barcode scanners. Just by scanning the barcode glued on the product will automatically fetch the information from the pre-recorded database and simultaneously it will get added to the total. It is also helpful in managing the stocks by subtracting or adding to the stock automatically.
Card Reader: Presently, more transactions are taking place electronically via swiping credit and debit cards. The card readers have made the payments easier as you no need to worry about carrying cash while shopping. The transaction takes place in a controlled and secured environment so there is no worry of fraud or theft. You can blindly trust the POS billing system while swiping your card in a Kolkata shopping mall.
About the Author: This contribution has been made by Sukriti Sinha who has written a number of articles on POS billing system in Kolkata and provides fruitful information. To know more, please visit www.cartface.com.
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