What is Point of Sale (POS) Software?
Point of sale software is used at retail outlets and places like hotels, bars and restaurants in order to efficiently manage the sale of products and services. The software is installed exactly at the stage, where the customer pays for the products or services purchased by him. So, the task of the POS software is to record and manage the sales made per day, so that the business accounts are kept updated and secure. Management of Price Fluctuation Prices of some of the products keep on fluctuating on daily basis and thus, it might become difficult to manually manage them. A point of sale software can be used in this situation, as the manager will be only required to feed the new prices and all other adjustments are made by the software. For instance, hotel POS Software can be used to manage the prices of various ingredients in the recipes offered by the menu card. At the time of billing, the manager doesn’t have to check the records to make calculations on the basis of prices per ingred
