A typical POS transaction begins by identifying the customer and typing in a SKU number or scanning a bar code for each item the customer is buying. Using Best Pricing, the system enters the correct item price for the customer and calculates the extended amount.
After you post all the items, the system calculates the total and any applicable tax, and prints a receipt or invoice. The system updates the inventory, tax files, and customer’s running balance with the results of the transaction.
Reports print at the end of the day showing you the updates to the inventory, sales history, tax, and accounting files. The reports print sales totals by payment type, department, clerk, and terminal.