Tech Stuff

A restaurant point of sale (POS) system doesn’t need to be expensive in order to work with your business, or too cheap in order to save money. All you need is the right POS system and it will grow along with your business, increases your profits, enhances your security and provide a better reference for future plans. *  Point of Sale (POS). A type of system built for the restaurant and retail industry. This computerized system allows business owners to track sales, the flow of cash, food inventory and helps simplify your bookkeeping enormously. Why it’s good for a restaurant: The high volume of cash and credit cards that pass through a restaurant each day make a POS system a necessary. A POS system doesn’t only keep track of your sales but it can also run useful programs the the ones that can process debit cards. This makes swiping credit cards more secure for both the customer and the business. Servers are accountable for all their sales, and it is impossible to alter checks in the computer unless you have an access. This prevents employee theft. * Benefits of a restaurant POS system One benefit of a POS system is that it simplifies communications between the kitchen and the waiter. Orders are taken then sent through the computer directly to the kitchen printer. Another benefit of a restaurant POS programs is that it can track everything from food usage, to the most popular menu items. Because POS system can act as a time clock, it can also help prepare payroll. Saves you a good amount of money in your bookkeeping department. Along with the daily operations of running a restaurant, a POS system can organize profit and loss statement as well as your sales tax. * Any reasons NOT to use a restaurant POS system? Your POS systems is still a computer, subject to all technological problems. And if it crashed and you don’t have a back up, then you risk losing all your business documents, not just sales, but profit and loss statements and payroll statements. Important stuff that the IRS may need to examine some day. So, it’s very important to have a back up. * Do you need a warranty extension? Remember all that money you saved on bookkeeping?