Point of Sale (POS) Glossary
A Z Report is a detailed history printout of the transactions for a point of sale register. In most POS systems, initiating a Z Report triggers closing out the register. Z reports should be run at the end of a shift or the day.
Z Reports detail a lot of helpful information and may include sales, returns, times the POS register was opened without sales, the payment methods used, and more. The financials the daily Z Reports provide are key indicators of a store’s performance.
Today’s robust point of sale systems have advanced reporting that keeps track of an indefinite period of time. This reporting can be used instead of having to aggregate data from daily Z reports and multiple registers.
Customers love promotions! Buyers are often pulled in by one deal and wind up buying regularly priced merchandise in addition to, or sometimes instead of your discounted items.
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.