Point of Sale (POS) Glossary
Voids are transactions that are reversed. If a sale needs to be canceled before it has settled, it can be voided. Voiding a transaction in a point of sale system will keep the transaction from confirming in a customer’s account, so it is unnecessary to issue a credit or refund. The sale may appear pending for a few days on their account until it drops off.
A POS system can be configured to determine when a sale must be voided or when the store should refund it instead. If the day’s sales have already been closed out, the sale would need to be voided. But if a transaction has not yet been sent to a processing company for confirmation, it can often be voided.
After a void, a robust point of sale system would reverse any items back into inventory and remove the sale from the day’s totals as if it had never occurred.
See what separates ACID Point of Sale from the rest of the POS solutions.
Meet Magento Florida Feb 15-16 2023
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Meet us at Meet Magento (Feb 15th-16th) at Seminole Hard Rock Hotel in Miami, FL
This year we decided to attend Meet Magento in Miami, FL from Feb 15th-16th, 2023. It's a great opportunity for us to visit with some of our existing customers, and future partners.