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Point of sale software means the software that is used for payments or checkouts – the equivalent of an electronic cash register. Point of sale software systems are used in supermarkets, hotels, restaurants, stadiums, and casinos, or almost every type if retail industry. This system interface needs to be as obvious as possible. It requires entering many commands at the keyboard, remove the system from consideration – every keyboard command needed is another error waiting to happen. Point and click, barcode scanning, window-based invoicing are must-haves.

Point of sale software which are available in the market today, offer complete inventory control and management tools. Users should make use of these tools and restocking, taking physical inventory and managing your stock flow becomes simpler. The powerful systems will allow you to maintain inventory across multiple stores in a wide array.

For a single retail store, you are required to be able to enter and track inventory by Stocking Keeping Unit, by vendor, by description, by manufacture, by category, and by sales history. POS software does also keep track of inventory items down to the level of the individual sale. It means that you can find out sales history any time with time and invoice number. One of the important features of your POS software is that is can balance the cash drawer. At the day end, the ‘Z’ reading from the register will give you the detail of how much money exchanged hands during the sale and how it was tendered, whether it was happened through cash, check or credit cards.

Your point of sale software will come with management functions that cannot be accessed from the cash register log-in. These functions include inventory tracking, hourly sales monitoring, invoice and inventory adjustments and other features that you would not essentially want the person manning for the exporting of inventory activity information to standard spreadsheet formats for easy incorporation into other programs. There are plenty of point of sale software available on the web at cost effective prices.

For to the requirement of the retail industry, ETP international has developed point of sale software with entire functionality that is required by retail industry. They offer point of sale software as a platform for the retail industry.