Prestige IT Services LTD has developed one of the best restaurant management software called Prestige Bites. It was designed from ground up keeping in mind the everyday requirements of any restaurant or takeaway business.
Prestige Bites uses advance programming and technology to simplify your restaurant operation and management. It deals with all areas of your day to day requirements.
Prestige IT Services has developed one of the best restaurant management software called Prestige Bites. It was designed from ground up keeping in mind the everyday requirements of any restaurant or takeaway business.
Prestige Bites simplifies the operation and management of your restaurant with advanced programming and technology. It takes care of all of your day-to-day requirements.
The point of sale (POS) or point of purchase (POP) is the time and place where a retail transaction is completed. At the point of sale, the merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer (which may be a cash register printout), and indicates the options for the customer to make payment. It is also the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service. After receiving payment, the merchant may issue a receipt for the transaction, which is usually printed but can also be dispensed with or sent electronically.
The term POS “point of sale” refers to a device that is widely used in the restaurant and retail industries. This computerized system enables business owners to keep track of revenue, cash flow, and food inventory, as well as greatly simplifying bookkeeping.
The high volume of cash and credit cards that pass through a restaurant each day make a POS system a necessity. Not only does a POS system track every penny of your sales, many POS programs also act as credit card processors. This makes swiping credit cards more secure for both the customer and the business. Servers are accountable for all their sales, and it is impossible to alter checks in the computer unless you have the password. This helps cut down on employee theft. One benefit of a POS system is that it simplifies communications between the kitchen and the wait staff. Orders go through the computer, directly to the kitchen printer. Another benefit of a restaurant POS program is that it can track everything from food usage to the most popular menu items. Because the POS system acts as a time clock, it can also help prepare payroll. This can save you a lot of money in your bookkeeping department. Along with the daily operations of running a restaurant, a POS system can organize profit and loss statement and sales tax.