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A Detailed Overview of QuickBooks Point Of Sale

QuickBooks Point of Sale (QuickBooks POS) is an advanced point of sale, inventory control, customer tracking, and reporting program 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 activity. You can track customers and use the resulting purchase history information to customize promotions, marketing materials, and mailings. At the end of your business day the program will help you reconcile your cash drawer, process credit card transactions (optional fee-based service), and backup your data files. QuickBooks POS allows up to five networked workstations to run the program simultaneously within a single store, with each of them having current information always available. With the Pro Multi-Store level you can share data between up to ten separate stores. Optionally, QuickBooks POS can be integrated with QuickBooks Financial Software€"Pro and Premier (2002 - 2005) or Enterprise Solutions (1.0 - 4.0)€"to give you unified control over your entire retail operation. Existing inventory items, customers, and vendors from your QuickBooks Financial Software can be imported into QuickBooks POS and all of your daily point-of-sale data can be transferred to the financial software at the push of a button. The included Data Import Tool allows you to transfer customers, vendors, and items from other point-of-sale software or from vendor-provided lists via a predefined Excel spreadsheet.

We can get reference from any detailed user guide about using the QuickBooks POS program to help manage our retail business. The program was designed to benefit each unique retailer by including many user-definable features. These features, controlled by the program level you have licensed as well as preference and security settings, are configured during the installation and interview process, but can be manually changed later as necessary.

The QuickBooks POS software CD that you purchased contains three separate levels of the
program, each with a specific set of features. This allows you to license and use only those
features that you need, without having to pay for advanced features you don't need. As your
business grows, you can easily "unlock" the additional features of the next level by simply
upgrading your product license over the phone.

The three levels of QuickBooks POS are:

=>QuickBooks POS Basic - includes all the basic features you need to purchase, receive,
and sell merchandise, track customers, run meaningful reports, and integrate with
QuickBooks Financial Software to help you manage your business better.

=>QuickBooks POS Pro - includes all of the basic features, plus these additional features:
o Customer orders (layaways, sales orders, work orders)
o Size and color (style) inventory grids
o Assembly and group item tracking (kits, gift baskets, etc.)
o Ability to track an item purchased from multiple vendors
o Document tracking of item serial numbers
o Employee commission tracking
o Discount pricing (X for Y pricing)
o Special Order items
o Ability to add your logo to printed documents
o Capture shipping information and add to documents, with charges and tracking
information

=>QuickBooks POS Pro Multi-Store - includes all the features of the Pro level, plus:
o Centralized purchasing and inventory control at a "Headquarters" store, which
can exchange and consolidate data with up to nine other stores, run company
reports, and exchange data with QuickBooks Financial Software
o Ability at each store to view inventory quantities on-hand and on order for all
other stores
o Transfer slips to track transfers of merchandise between stores
o Ability to set different default sales tax rates and default payment methods at
each store
o Store Exchange of data between Headquarters and remote stores via e-mail,
removable media, or remote connection (LAN, WAN, VPN)

We can have different usage source of this software like: with QuickBooks Hosting provider, at local computer etc. We also need to take care of its security as well as its regular updates. If we take care of all its precautionary steps, we can enjoy using this tool efficiently for a long time.
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