Point of Sale (POS) Glossary
A safe drop is the removal of excess money from a register to deposit into a secure location at the business. The secure location might be a safe, lockbox, back office, or another fortified location. This is not to be confused with a bank deposit or balancing the drawer at the end of a shift, which are both separate processes.
Excess cash in a point of sale drawer is at risk of theft and can clutter up the register. Stores have policies and procedures for determining when a safe drop should occur to clear a drawer. If money is removed from a POS register during a shift, it might be entered into the POS system, or a manager might write a receipt to leave in the drawer that accounts for the money removed for the safe drop.
The most comprehensive set of glossary terms in point of sale industry.
See what separates ACID Point of Sale from the rest of the POS solutions.
Is Having an eCommerce Store Good for Your Physical Shop
An eCommerce website is open 24/7 and accessible from all over the world. Being online and having physical store opens your business to a global market.
Rico Cardona
Should You Collect Charitable Donations?
You’ve probably been at the register at the grocery store and asked if you wanted to contribute money to a charity as you checked out. Maybe you donated, or perhaps you found it was annoying. It might have depended on your mood that day, or possibly the charity was a deciding factor.
Rico Cardona