Point of Sale (POS) Glossary
An X Report is a detailed history of the transactions for a point of sale register up until that time. In most point of sale systems, X Reports do not trigger any action and are merely reading and displaying or printing information.
X Reports detail a lot of helpful data and may include sales so far, returns, times the register was opened without sales, the payment method of the transactions, and more. POS systems might automatically generate X reports at specific intervals, such as every hour, for a sales threshold, or prearranged times.
At the end of the shift, a Z Report can be run that contains information for the entire day. In many cases, the act of running a Z Report may trigger closing out the POS register.
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.