sales and inventory documentation
Chapter 1
INTRODUCTION
Background of the study
Computers have become a requirement in the business industry it easily completes duties that are tedious and timely foe humans. The business uses of computer are extensive. Although many of the computer duties are not irreplaceable, business has become dependent on their accuracy and timeliness.
Many businesses use accounting software to ensure the accuracy of their financial status. It is use for keeping tracks of accounts, money, or items that they need. It plays a significant role in sales control, processing and handling orders, design and production of goods, manufacturing, product and market analysis, and in some cases complete control of operations.
The supplies in every business are very important for it to maximize the profit of a businessman. To earn a maximize revenue, a proper management is needed. Some business tends to fail because of poor inventory management. A greater variance of the loss stocks is one of the main issue that made the business encountered several problems. Stock loss is encountered with many reasons. Stocks can also occur when products are rendered unavailable for sale by becoming out of date, damaged, or spoiled (“Information inaccuracy in inventory systems stock loss and stock out”, 2006)
The cause of running out product may have an inaccurate perception. Products in inventory may be unfit for sale because of damage. To support this, a seller may not have the capability to accurately track inventory in their stores or distribution centers (Dolley, 2006)
A Point of Sale (POS) system is a system for managing the sales of retail goods. It improves the inventory management of a product. Point of sales software add up the sales total figures the state sales tax, calculate back from the amount to debit the amount of inventory sold (Wilson, 2006)
Point of Sales systems has changed the sale of retail. Now a small or large business can easily keep track of what products customers buy. A
INTRODUCTION
Background of the study
Computers have become a requirement in the business industry it easily completes duties that are tedious and timely foe humans. The business uses of computer are extensive. Although many of the computer duties are not irreplaceable, business has become dependent on their accuracy and timeliness.
Many businesses use accounting software to ensure the accuracy of their financial status. It is use for keeping tracks of accounts, money, or items that they need. It plays a significant role in sales control, processing and handling orders, design and production of goods, manufacturing, product and market analysis, and in some cases complete control of operations.
The supplies in every business are very important for it to maximize the profit of a businessman. To earn a maximize revenue, a proper management is needed. Some business tends to fail because of poor inventory management. A greater variance of the loss stocks is one of the main issue that made the business encountered several problems. Stock loss is encountered with many reasons. Stocks can also occur when products are rendered unavailable for sale by becoming out of date, damaged, or spoiled (“Information inaccuracy in inventory systems stock loss and stock out”, 2006)
The cause of running out product may have an inaccurate perception. Products in inventory may be unfit for sale because of damage. To support this, a seller may not have the capability to accurately track inventory in their stores or distribution centers (Dolley, 2006)
A Point of Sale (POS) system is a system for managing the sales of retail goods. It improves the inventory management of a product. Point of sales software add up the sales total figures the state sales tax, calculate back from the amount to debit the amount of inventory sold (Wilson, 2006)
Point of Sales systems has changed the sale of retail. Now a small or large business can easily keep track of what products customers buy. A