What is point-of-sale?
something like this, i think it's a system allowing business
transactions to be monitored, and also therein facilitating tasks
that would otherwise be time-consuming (if done manually) such as
monitoring stock, inventory managing etc..
Addendum: The above describes a point of sale system. In
a word, a point of sale system is the cash register - and all the
different functions it performs. The term point of sale (without
the word system) is the physical location where you process a
Customer's transaction.... which is typically, but not always, a
cash register. Point of sale is also used to refer to additional
"things" that can or should happen upon processing a Customer's
transaction. For example, in a clothing store, the employee may
suggestive sell some accessories to the Customer purchasing
clothes, i.e. earrings, shoes, belt, etc. They may also inform the
Customer about specials and promotions, i.e. "Do you have a Macy's
credit card", etc. This all happens at the point of sale.
Point of Sale (POS) may be the location in which a retail
purchase is finished. It's the purpose where a cost is made by a
person towards the vendor as a swap for companies or products. In
sale's point the total amount owed from the client would be
calculated by the store and supply choices for the client to create
cost. The vendor will even usually concern a bill for that