POINT-OF-SALE (POS)

SYSTEMS
DAILY PROCEDURES:
FIRST, THE CHECKOUT CLERK SCANS THE UNIVERSAL
PRODUCT CODE (UPC) LABEL ON THE ITEMS BEING
PURCHASED WITH A LASER LIGHT SCANNER.
WHEN ALL THE UPCs ARE SCANNED, THE SYSTEM
AUTOMATICALLY CALCULATES TAXES, DISCOUNTS AND
THE TOTAL FOR THE TRANSACTION.
THE CLERK ENTERS THE TRANSACTION INTO THE POS
SYSTEM VIA THE REGISTER’S KEYPAD, AND A RECORD OF
THE SALE IS ADDED TO THE SALES JOURNAL IN REAL
TIME.
END-OF-DAY PROCEDURES
THE CASH RECEIPTS CLERK PREPARES A THREE-PART
DEPOSIT SLIP FOR THE TOTAL AMOUNT OF THE
CASH RECEIVED.
FINALLY, A BATCH PROGRAM SUMMARIZES THE
SALES AND CASH RECEIPTS JOURNALS.
 POINT-OF-SALE CONTROL ISSUES

• AUTHORIZATION
• SUPERVISION
• ACCESS CONTROL
• ACCOUNTING RECORDS
• INDEPENDENT VERIFICATION
• REENGINEERING USING EDI
Many organizations have reengineered their sales order process through
Electronic Data Interchange.

• REENGINEERING USING THE INTERNET