Lekha

Guides · Counter billing

What is a POS system?

POS stands for point of sale — the moment and place a customer pays. A POS system is the setup a business uses to ring up that sale: capture the items, take the payment, and produce a bill.

What a POS system does

At its core, a POS system records a sale as it happens: the items and quantities, the price, any tax, and the total, then produces a bill for the customer. It is the front-desk tool that turns a purchase into a recorded transaction.

The setup can be as simple as software on a phone or as elaborate as a till with a scanner and a printer, but the job is the same — capture the sale at the counter.

Why it should tie into the books

A POS that only prints a bill and forgets it leaves the business reconciling takings by hand. A POS whose sales flow into the ledger keeps the day's sales, tax, and totals in step with the rest of the accounts automatically.

That link — from the counter to the books — is what separates a receipt printer from a system.

How Lekha fits the counter

Lekha lets a business bill over the counter and record each sale into the same two-sided ledger as its order-based invoices, so counter takings and formal invoices sit in one place.

Lekha records what your documents say and tracks the money on both sides — what you owe and what you are owed. It records and tracks; it does not replace your accountant.

Questions

What is a POS system?
The setup a business uses to ring up a sale at the point of purchase — capturing items, taking payment, and producing a bill.
What does POS stand for?
Point of sale — the moment and place a customer pays for a purchase.
Why should a POS connect to the books?
So the day's sales, tax, and totals flow into the ledger and stay in step with the accounts, instead of being reconciled by hand.

Keep reading