𝙿𝚎𝚛𝚏𝚘𝚛𝚖 𝙱𝚊𝚜𝚒𝚌 𝙲𝚊𝚜𝚑𝚒𝚎𝚛𝚒𝚗𝚐 𝚊𝚗𝚍 𝙶𝚎𝚗𝚎𝚛𝚊𝚕 𝙲𝚘𝚗𝚝𝚛𝚘𝚕 𝙿𝚛𝚘𝚌𝚎𝚍𝚞𝚛𝚎𝚜

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OBJECTIVE/S: 

After reading this Information Sheet, you must be able to:

1. Perform basic cashiering and General Control Procedures

CONTENT:

BASIC CASHIERING AND GENERAL CONTROL PROCEDURES

Standard POS Features                                             

Standard POS Features                                             

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Purpose

Most POS machine look like cash registers and perform many of the same functions. However, POS machines can process check payments, discounts and special offers and other customer transactions. Depending on the set up you select and the nature of your business, a POS machine can also handle inventory adjustments, sales analysis and even office management. POS machines are available for sale or rent to businesses.

Hardware

The exact hardware configuration for POS machine varies, depending on how a business uses it. However, the basic components include a computer or access to a computer, video display, bar code scanner, receipt printer, magnetic strip reader for credit and debit cards, and cash drawer. Optional features include a capture screen for customer signatures, a pad to enter PINs from debit card transactions, and a weight scale. If you have several POS machines, they might all be connected to a single computer of server.

 If you have several POS machines, they might all be connected to a single computer of server

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POS Machines versus Cash Registers

One major advantages a POS machine has over a cash register is that you can easily upgrade or update a POS machine system, whereas an outdated cash register must be completely replaced. You can adapt and reconfigure a POS machine system as your business needs change, often at a lower cost than replacing an outdated cash register. Changing industry standards might also necessitate equipment upgrades.


POLICIES AND PROCEDURES RELATED TO CASH HANDLING

POLICIES AND PROCEDURES RELATED TO CASH HANDLING

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