Point-of-Sale (POS) Systems for Restaurants PDF

POINT-OF-SALES (POS) SYSTEMS Lesson 1 FOR RESTAURANTS  Flexi F&B Restaurant Retail system: A popular choice in the POS market, this is a powerful TOP 5 POS system that is still easy to use. SYSTEMS FOR AccuPos Harbourto...

POINT-OF-SALES (POS) SYSTEMS Lesson 1 FOR RESTAURANTS  Flexi F&B Restaurant Retail system: A popular choice in the POS market, this is a powerful TOP 5 POS system that is still easy to use. SYSTEMS FOR AccuPos Harbourtouch RESTAURANT POS Guys TO USE: TouchSuite POS ShopKeep POS  POS stands for point-of-sale. A point-of-sale transaction is what takes place between a WHAT IS merchant and a customer when a product or service is purchased, commonly using a POS? point-of-sale system to complete the transaction. Merchants typically use a POS system to complete sales transaction.  The POS unit handles the sales to the consumer but it is only one part of the entire POS system used in retail business. PURPOSE OF POS “Back office” computers typically handle other functions of the POS system such as inventory control, purchasing, receiving, and transferring of products to and from other locations.  WHY POS SYSTEM IS IMPORTANT? With POS systems, they are designed to be user friendly, with a sole purpose of making life easier and business better. They allow staff to focus their attention on the customer, as well as the physical preparation and sale of products, cementing the most important values of retail.  A POS or point-of-sale purchase is the “point” where a transaction is finalized or the moment where a customer tenders payment in exchange for goods and services. WHAT IS A POS TRANSACTION? Any form of payment can be sued, such as cash, debit cards, credit cards, mobile payments, and even Bitcoin.  IS POS SYSTEM HELPFUL? This computerized system POS system, is a system allows business owners to that is used throughout track sales, cash flow, the restaurant and retail food inventory, and can industry. help simplify your bookkeeping enormously.  Retail businesses. Those running a retail venture need POS system capabilities that offer customer convenience while streamlining the sales transaction process. WHAT CAN A POS SYSTEM DO? Like a traditional POS system, an mPOS system also functions as a cash register, using handheld devices to process transactions rather than the usual hardware.  The main advantage of a computerized POS system over a cash box or a cash register is the sophisticated and detailed ADVANTAGES sales reports it provides. The software lets you analyze sales in OF POS different ways, such as by SKU- stock- keeping unit-(item sold), time periods, promotions, by store if you have more than one, or even by sales clerk.  Restaurant point-of-sale is now Restaurant Point-of-Service. Traditionally, the restaurant POS WHAT IS POS system is where a customer makes SYSTEM FOR a payment in exchange for goods RESTAURANT? or services. Payment terminals, touch screens, and a variety of other hardware and software options are used to enable the transaction.  HOW DOES A POS WORK? It is commonly linked with the POS system’s stock level counts so it automatically updates product counts according to items sold. Card machine- Use to process payments made by debit or credit cards or mobile wallets via NFC (Near Field Communication) HOW DOES A A POS system track sales. RESTAURANT The waitperson enters the ordered items into the computer or by touching the screen. POS SYSTEM The computer calculates the bill including tax, when the customer pays, the waitperson enters WORK? the receipt number and the amount paid.  Choosing features: Use a product directory to research POS systems CHOOSING and choose the one you want, then set up a merchant account with a processor who can POS support that system. Choosing a processor with competitive rates and fees, then choose a POS system form the processor’s supported systems.  THE POS MACHINE/TERMINAL A POS terminal is an electronic device used to process card payments at retail locations. A POS terminal generally does the reading of information off a customer’s credit or debit card. POS STAND POS refers to the physical location at which goods or services are purchased and FOR IN transaction data is captured through electronic cash registers or other electronic COMPUTER devices such as magnetic card readers, optical and bar codes scanners or some TERMS combination of these.