Point of Sale (POS) Glossary
A sales summary details the financials of a business. The scope of a sales summary can vary widely, depending on its purpose. For instance, a simple sales summary may be produced daily by a merchant to show the day’s transactions. Alternatively, a very complex sales summary presented to a company’s board, stockholders, or potential investors might include years of data and profitability of specific periods.
Reviewing a sales summary can be critical to making good business decisions. They help merchants decide which products to carry, evaluate sales, and plan strategies to increase profits.
A point of sale system can collect data that is used to print reports. POS analytics help analyze specific details of a company’s sales and provide a big-picture review.
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