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QuickBooks Point of Sale (POS) is an advanced inventory control, sales, customer tracking, and reporting solution designed for effective management of retail stores. As you order, receive, and sell merchandise, your inventory quantities and costs are instantly updated. At a glance, you can view item quantities on hand and on order; review costs, prices and margins; and view detailed reports on sales and merchandise activity. You can track customers and use the resulting purchase history information to customize promotions, mailings and other marketing materials. At the end of your business day, Point of Sale will help you reconcile your cash drawer, settle credit card transactions (optional fee-based service), backup your data files, and, if applicable, send the day's transactions to your QuickBooks financial software.