The system QuickBooks Point of Sale is the best option for small owners or retailers who face tough competition in the market, to sustain and grow in the competitive market, they have to handle many challenges such as keeping track of inventory, providing satisfactory customer experience, and they have handled multiple stores at the same time.
For solving these problems Intuit developed, which is a point-of-sale solution for all these problems for retailers or small size businesses that can help to overcome these challenges.
Brief to QuickBooks & QuickBooks POS
QuickBooks is basically an accounting software that is mainly designed for small or medium-sized businesses. This software has complete tools for accounting, inventory, payroll. Tax filing, invoicing, bank account tracking, and many more other features.
QB Point of Sale is a multi-purpose solution mainly used for inventory administration, sale, bill management, credit payment processing, timing monitoring, and many more.
This Software easily works with QuickBooks accounting software and it’s compatible with Windows 10, Windows 8.1, and server operating systems.
QuickBooks for Sale comes in three basic versions: Basic, Pro, and Multi-Store.
This software includes many wonderful features. Let’s explore some of its top features.
Features of QuickBooks Point of Sale
Here we are going to discuss the features of POS of QuickBooks
Processing Payments
Acceptance of payments in QuickBooks POS from Visa, MasterCard, American Express, Debit Cards, along with cash and cheques. Credit Card payments are seamless and protected in the software, after only ensuring authorised transactions.
Sales Optimization
In this software, transactions can be made using the barcode scanner, item number, and item keywords. Through Microsoft Surface Pro you can enter the details manually and print a receipt.
Inventory Management
QB POS saves you from the hassle of maintaining inventory as it offers you real-time inventory management with updates in every transaction.
This software includes all the inventory management such as price tag customization, inventory forecasting, customer order. The master inventory is updated in the Multi-Store version so that customers will get what they want.
This Real-Time Inventory Management not only helps you to set reorder point but also help you to know what customers really want or expect to buy. QB POS helps you to insight on offering discounts to the customer whether an offer is profitable or just a normal giveaway from inventory.
Accessing Customer’s Information
Price of Sale of QuickBooks gives you access to customer information to use to make it revisit the store. For recognizing loyal and frequent customers, you can add new customer information such as name, address, mobile number, etc.
Marketing campaigns and announcements like upcoming sale offers work very beneficial to reach existing and potential customers. This will help in improving customers’ experience.
Sync with QuickBooks Accounting Software
In QB POS software, the transactions are automatically synced with QuickBooks Accounting Software, which saves time on entering the data manually at the end of the month.
These auto-synced features also protect from errors and duplicate entries which are caused by human mistakes and help in creating reports anytime you want.
Employees Management
QuickBooks Point of Scale, Pro, and Multi-Store version helps to keep track of employees’ performance and working hours. This software version also provides a feature of payroll management and the whole data is sent to QuickBooks Accounting Software.
Before going further, let’s understand the basic requirement needed for the System.
Now, let’s see the pricing and features of each of the QB POS Systems.
Pricing and Feature of QuickBooks POS Systems
Here is the pricing and feature of the POS system of QB.
Software Plan– POS Basic
Price in Dollar– 1200$
Features-
- Accept Payments
- Ring sales
- Track of consumer information
- Basic sales report
Software Plan– QuickBooks POS Pro
Price in Dollar– 1700$
Features-
- Manage employees
- Payroll Administration
- Layaway available
- And many more.
Software Plan– QB Point of sale multi store
Price in Dollar– 1900$
Features-
- Manage stores number and channels
- Transfer and inventory management
- Inventory reporting and advanced store-to-store sales
After the pricing and features, let’s see the advantage of QB Point of Sale.
Advantage of QuickBooks Point of Sale
The advantages of QB Point Of Sale are mentioned below.
Strong Inventory Management
QB POS inventory sync with several locations’ inventory and deliver you real-time changes. Based on the choices and demand of products, you can start your own business plan.
QuickBooks Integrations
Many retailers prefer this software for accounting and payroll purposes. You can connect your QB point of sale with QuickBooks Desktop, to avoid manual data entry.
Requirements for QuickBooks POS System
Here are the basic requirements for QuickBooks POS System-
- First, its operating system is Windows.
- For a single user with a 2.8 GHz CPU processor,
- For Multiple users a 3.5 GHz processor.
- Although, 1GB minimum disc space is required.
- Moreover, 6-8 GB RAM is required for a single workstation.
- Higher screen resolution of 1280*768.
- Further, QuickBooks POS works well with QuickBooks Desktop 2016, 2017, and 2018. It’s also compatible with Enterprise Solution Versions 16.0, 17.0, 18.0.
What are the Support Advantages for POS QuickBooks?
Here is the list of advantages that you may obtain by connecting with QB POS Support.
- Supports both Mac and Windows.
- Data support for reinforcement and restoration
- Slow running software error
- Bugs in software are removed
- Error Solving such as QuickBooks Error PS077
- Administrator lost keywords.
How Does QuickBooks POS Works?
QB Price of Sale system accepts contactless payments such as credit cards, debit cards, and many more. The system works well with the tablets running the operating system on Windows 10. This offers a wide range of hardware such as cash drawers, barcode scanners, PIN pads, and many more.
QuickBooks doesn’t charge any monthly fee for using its software, just like some of its competitors. Instead, some business owners pay some amount to install it locally. If the business uses the company’s POS system, QuickBooks Payments will be the easiest and most convenient payment processing solution. It offers you both monthly and pay-as-you-go plans.
Summing Up!
QuickBooks POS is the best option for a small business owner who uses the accounting software QB Desktop and prefers mainly locally installed software to cloud-based software. This software integrates with QB Desktop and Windows. It markets its POS system to small businesses, jewelry stores, bike stores, furniture, and many more. All the features and prices are mentioned above with the system requirement.
