Point of sale

Topics: Receipt, Computer, The Sale Pages: 6 (1451 words) Published: January 3, 2014
CHAPTER I
PROBLEM AND SETTING

1.1 INTRODUCTION
Man has come a long way in doing business transactions with each other. From the primitive ways of exchanging goods or “barter system”, to the more complex “e-commerce” or doing business transactions with the help of the internet. With technology rapidly changing and upgrading every now and then, companies must adopt to be able to excel in each business’s “cut-throat” competition.

Automation of one’s point of sale and inventory system puts you a step ahead in the game. It helps you conduct business transactions with ease as you only have to press a few keys. It liberates you from countless paper works as computation of the day’s sale and keeping track of inventory are done automatically.

With these things in mind, the proponents hopes that upon completion of this Proposed Point of Sale and Inventory System, will find it of great value and an indispensable asset in the company. That through the use of this System, unnecessary loss of time spent on computation of payments will be minimized and greater client satisfaction will be achieved. On the part of the management, knowing which products are in need of procurement and which are not, will help avoid over stocking and greatly minimize unnecessary expenses. At the end of the day, all transactions will be properly documented and generation of reports will just be a few keystrokes away. Finally, the proponents hope that with the development of the said System, we will be able to help Renzo Hardware become a company more competitive and quality wise, worthy of recognition in the local industry.

1.2 BACKGROUND OF THE LOCALE
RENZO HARDWARE comes from the owner’s name Renato and Corazon. It’s started in July 2009 and its own by Mr. Renato Coronel, a 42 year old married man to his loving wife Mrs. Corazon Coronel whom he had two children named Renz Christian 19 year old and he is studying at Bulacan State University and Cedrick, 16 year old and he still studying at St. Vincent Academy.

Renato and Corazon are both grew up in Manila ‘till one day they transferred to Caduang Tete, Macabebe, Pampanga where the Renzo Hardware is located. Renzo Hardware started by buying the hardware from a bankrupt establishment from Apalit, Pampanga that is worth of 65, 000. The said company is managed by Nancy Panlaqui whom she had a daily salary worth 300.

The monthly quota of the company is depends on the season. During peak season they reached almost 300, 000 a month and when rainy season their monthly range is 25, 000 above. Through the years, through their hardship the company is now a well-known successful company.

Since the company started they are using a manual inventory, a hand written receipt and calculator for computing the purchased items.

1.3 STATEMENT OF THE PROBLEM
There are several problems in computing the sale using calculator that a business owner encounters.
1.3.1 GENERAL PROBLEMS
Does not have a computerized POS and Inventory system in their company. They are only using record book and calculator for computing their daily sales income. 1.3.2 SPECIFIC PROBLEMS
They are not making an inventory record of their products.
They are only using calculator in computing sales and items purchased. There is no security access in their record book.
Lost of costumers because of inaccurate computation.

1.4. OBJECTIVE OF THE STUDY
The main goal of this study is to develop a computerized Point of Sale and Inventory system for Renzo Hardware. 1.4.1 GENERAL OBJECTIVES
The main objective of this study is to provide and implement a better performance, accurate sales and inventory records that can handle certain task and to make the employee’s work easier and faster.

1.4.2 SPECIFIC OBJECTIVES
To have a computerized Point of Sale and Inventory system.
To have an automatic calculation of their sales.
To make a system that has a security access.
To...
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