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.
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.
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.