Cash Registers are as important to small retail shops as they are to the big supermarkets. Any Business can make best use of the cash registers for sales accounting.Managing a retail shop can be difficult especially as sales increase. Manually calculating sales and issuing receipts eventually becomes difficult. However, this can easily be managed by the use of a till or cash register.
So what are the benefits of using cash registers in your small business and what are some of the functions a cash register can do? These are some of the questions this post seeks to address.
A cash register is designed to calculate, record sales, store cash and print receipts for customers. This serves time and improves efficiency.
Stealing and pilfering by employees by way of omitting sales from your sales book and pocketing the money is a common practice among cashiers especially when customers don’t ask for receipts. Cash registers enhance fraud protection the use of features such as passwords and physical keys. As a business owner or manager you can easy check through the audit receipts of the cash registers to ensure that your cashiers charged the correct amounts for each transaction.
Total daily sales, tax and other accounting figures can be computed easily.
Most importantly, you can also attach your cash registers to a Computer and other accessories using a point of sale software to create an Electronic point of sale system or EPOS.
About the Author:
Fixed Asset Consultant at Prosperity Agencies Limited with over 10 years practical experience in physical verification, bar-coding of assets and fixed asset software implementation +260 211 239859
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