'POS' stands for 'point of sale' which is the point at which sales take place. Typically in consignment and resale shops, customers bring items to checkout for purchase. The merchandise is entered into an 'invoice'. The software considers discounts (if any), computes the sales total and displays change due where applicable. The software also records the sale and provides options for printing receipts. Other features may be available and vary from one app to another.
A 'system' for consignment and resale shops includes processing software, a computer, cash drawer, a barcode scanner and thermal receipt and label printers.
Computers are the essential pieces of equipment for POS. For any consignment-software program a Windows computer should have at least 2.5GHz processing speed (clock rate) and 8GB of RAM. Shops that will have 1,000's of inventory items should strive for 3.5GHz and 16GB.
Best Consignment Shop Software installs on one or more local Windows-based computers or laptops. Where more than one computer is used at the same location, the computers are connected with Ethernet cables to a 'router' which 'routes' data between the main and remote computers.
A cash drawer has a lock and stores money and valuables. It connects to the receipt printer and pops open when a receipt is printed. Stores with no-return policies may not need to print receipts (because receipts have no purpose) so Best Consignment Software has options to print receipts on plain paper and to connect the drawer directly to the computer, allowing the drawer to be opened with a key press. (The drawer also doesn't open for credit-card sales.)
A thermal receipt printer prints sales information on 3'-wide thermal receipt paper.
A thermal label printer does not print receipts. It only prints adhesive price labels and non-adhesive hang tags (from rolls). An editions of Best Consignment Software can print labels and tags from sheets using a standard black/white ink printer.
POS Data and Redundancy
Preservation of data is critical and must be done on external devices and in 'the cloud'. Why? Redundant backups in several places almost assures that when all else fails, at least one location will have recoverable data.
Another form of redundancy is having backup equipment on hand. If the hard drive on the computer crashes or becomes irrecoverably infected with malware, it's simple enough to plug in a backup computer, reinstall the software and restore the last data backup. The chances of hard drive crashes increases rapidly as computers age.
Best Consignment Software is a combination of inventory control, client and employee management, label printing, barcoding, sales (POS) and settlement processing and reporting. It's one of the last programs for consignment and resale shops that has no ongoing never-ending fees.