Too often newsagents start ringing up all sales in the Point of Sale software after they have encountered an employee theft situation. I have no sympathy for them since it’s retail 101 to track all cash down to the last cent in your business.
The excuse of it takes too long is nonsense – it takes seconds and can save thousands.
The excuse of we have to then to do lottery sales on two devices is because tatts won’t let your Tatts terminal send the sale value to your register. They do even more than this for 7-Eleven. Get over it.
The excuse of the counter is too busy to make this happen is nonsense – many many newsagents handle this without a problem today.
One way you will certainly reduce the opportunity of being a victim of theft is to ring up everything you sell using your newsagency software.
It still amazes me that there are newsagents who don’t process every sale through their POS system.
Even aside from the ability to catch employee theft, some newsagents don’t seem to understand the huge value of good sales data. Not only does it add value to a business when selling, it provides everyday opportunity to better manage cashflow and ordering as well as make better marketing and merchandising decisions.
If you’re a newsagent not putting sales through your POS system to avoid tax, shame on you.