Point of sale is an entire system used for processing transactions. There are several types of POS solutions, because different industries or types of businesses have their own unique way of processing transactions. An ecommerce business for instance will generally use a retail POS system, because it involves buying and selling products on the web. A good POS solution must be able to handle all of the intricate details required for placing an online order.

The most common POS solution used by ecommerce businesses is QuickBooks. Even though it is a financial software that is primarily used for accounting, it actually has so many other features that help manage and track the different aspects of an online store from processing orders to inventory and customer data handling. If your ecommerce solution has QuickBooks integration, you will be able to enjoy managing your whole business in one central location. It is the perfect solution for people without any advanced accounting knowledge and makes running a business a lot easier.

A retail point of sale system should be able to process orders for both online stores and brick and mortar shops. A business with both an online and offline presence will need to be able to combine the two for the business to run smoothly. It doesn't matter if you have a physical store in addition to the one online or participate in trade shows and other live events to sell your products, it's important to be able to track and manage all orders at the same time. Most of the offline POS solution functions are exactly the same as the online ones, they include:

• Order processing• Accept payments• Discount, gift certificate and tax configuration• Generate sales receipts• Automatic inventory adjustments

A point of sale system will work in the same way offline as it does online, but there are a few more devices that are needed to be able to complete the transaction. A product that is placed in an online shopping cart must be scanned using a barcode scanner in a physical store. The product id and cost are captured for a final tally. Credit card payments are processed slightly different as well, customers must type in their credit card number during checkout online whereas the the card itself is swiped through a credit card reader to capture all the necessary information offline. The last step comes in the form of an invoice that is emailed to the customer on the web or a printed sales receipt using a sales receipt printer in an actual store. All of these devices are combined to work in the same way as an online store checkout process, all you have to do is connect them to your computer with a USB port and orders will be processed simultaneously.

The biggest benefit for using a POS solution like this is the time and money that it saves. Combining the task of managing your online and offline orders makes running the business as a whole that much easier. Not to mention the fact that if you are only selling online at the moment or offline, you can scale your business by adding the other type in the future without restructuring your whole business.

By using a point of sales software with a complete range of features can really grow your business both online and off. Being able to use one that grows with your business is key. You must use an ecommerce solution that is able to provide all the required online tools to easily combine all the different parts of your business.

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