ForumsTechnology Management

POS? Is it right for your growing business

I am a Quickbooks Consultant and use POS with clients

Point of sale (*POS* ) can mean a retail shop, a checkout counter in a shop, or the location
where a transaction occurs. More specifically, the point of sale often refers to the hardware
and software used for checkouts -- the equivalent of an electronic cash register.
Point of sale systems are used in supermarkets, restaurants, hotels, stadiums, and casinos,
as well as almost any type of retail establishment.

Good luck, LUCKIEST

I know what it is and because of the nature of my business (advertising) I don't have to deal with it.

When I worked in retail and fast food, I saw the pluses and minuses of using one. We never trusted what it said as far as inventory was concerned, you always need a set of human eyes to make sure that the inventory numbers are correct. As far as tracking usage and waste, it is a great tool, but once again should be checked by human eyes. I think there are some serious benefits but it should not be relied on completly. I am not middle of the road on this. I would use one if I was in retail, it is a great way to reconcile sales with actual inventory quickly and easily. It is also a great loss prevention tool. One of the reports lead to an employee being caught stealing both money and product.

It is not a replacement for good managing, but a tool to help with good managing.

you will also need some help with your firewall and networks if you were going to odo POS. I would be more then happy to help if you have any questions.
J555glo@yahoo.com

Thanks

In your other post, you mentioned that a friend was using QuickBooks POS, but wasn't really happy with it. I hear that from a lot of merchants. With QB POS, you get a VERY expensive POS that's fully integrated with your accounting (QB) system. But the downside is that you can never change CC processors. You're locked into QB's processing, and the rates tend to be high, especially if you do considerable volume. If you go with a non-integrated solution (ie, run QB seperately from your POS), you'd just enter your daily sales totals into your QB program, or whatever software you use to manage the books. You won't have the ability to seamlessly integrate your invoicing and receivables with your accounting system, but unless you have a lot of customers who pay on account, that shouldn't matter. Most retail stores who maintain a simple inventory and sell it to customers (paying with cash or credit card) will find a non-integrated system far less expensive and more flexibile than QB.

I read that you are in middle-GA. I'm in Albany, and I preparing to head to FL for the weekend. If you'll reply with an email address, or just call me with it, I'd like to send you some information about a POS system that I think would be perfect for you. If I miss you this morning, I can email it from the beach. Have a good weekend!

Neil Moncrief
www.CreekFinancial.com
866-587-8618

I'm emailing it to you now. If it turns out that you like my suggestions and end up buying the system, please remember to follow-up by posting your experience here for the BoA forum to read. I'm that confident that you'll be pleased!

Neil Moncrief
www.CreekFinancial.com

Please check us out at TransActPOS. www.psdg.com we have multiple gift
stores, hardware stores, etc all over the country. Please email me at
wade.hogg@psdg.com or vist our website,, thanks!!!!! ;]

I also would like to throw our name into the hat as well to help companies grow and receive information about our POS, let me know fi I can help.

Wade
www.transactpos.com