Education Session

What is point of sale (POS) Point of sale could be a retail store, cheque out counter in shop or any other location where a sales transaction taken place. The various pos equipment used in retail outlets are cash registers, card readers, and bar code scanner. It is computerised cash registers which adds the total sales and computer and the state sales tax or VAT, calculate the change from the money tendered and automatically adjusts the stores inventory to debit the amount of inventory sold. Reorder lables and reorder quantities It is important that a business maintain sufficient stock to meet customer needs at any point of time. This also means that it is important not to be accumulated stock that cannot be sold. Reader label is the quantity of to be replenished or by define the reorder liable and reorder quantities. To decide an reorder lables for a stock items consider the following: 1. The lead time for suppliers to deliver the stock. 2. The delivery time spe...

There are various questions related to bills of material and major forms in the bills of material usually posses. These are as follows: 1.  Abs LTD purchase components Of computer from Jkl ltd. For specifically producing the product computer. The components purchase as given below: Make the final product i.e computer and sold it to a debtor half quantity. 2. Purchase a raw material for construction of house. The required materials are purchased as follows: After purchasing of all the raw material send these to location of the construction.