QuickBooks Point of Sale

Comprehensive Guide on QuickBooks Point of Sale

Have you thought of purchasing a POS system for your business? Then you’ve come to the right place. As in this article, we will cover the comprehensive guide on one of the popular POS systems for your business, i.e. QuickBooks point of sale system.

QB POS system is popular among retail enterprises, apparel stores, jewelry stores, sporting goods, or bike shops, furniture stores, and home improvement-related firms.

The reason behind such popularity is that the Quickbooks POS system is simple to use.

Let us go through the Quickbooks POS system, along with its features and support.

Let’s start!

QuickBooks Point of Sale System: Meaning

Quickbooks Point of Sale

QuickBooks Point of Sale is a multi-purpose solution used for sale and inventory administration, bill management, credit payment processing, employee and time monitoring, and much more. The QuickBooks point of sale should manage over 15,000 inventories. 

This software integrates easily with QuickBooks accounting software and is compatible with Windows 10, Windows 8.1, Windows 7, and Windows Server operating systems. So, what distinguishes Quickbooks point of sale systems from other POS is their efficiency, portability, and simple UI. 

It includes wonderful features that make it more of an ERP solution than a cash register.

Also read: How to fix QuickBooks POS Error 140015 with Easy Steps?

QuickBooks Point of Sale: Features

Here are some of the basic features of Quickbooks point of sale that distinguish it as a one-stop solution for all retail organizations.

  • Customers and Rewards Program Management:

The QuickBooks Point of sales software includes the ability to handle both credit customers and incentive programs. Moreover, QuickBooks POS has access to all of your credit customers’ information, including the amount owed, credit limit, and other details. This software can also administer loyalty programs.

  • Sales Transaction Management: 

Furthermore, you can enter sales data into point-of-sale QuickBooks manually or using a barcode scanner.

  • Credit payment processing: 

The QuickBooks point of sales system allows you to manage cash, credit, and debit card payments. It is fully compatible with your operating system. QuickBooks Point of Sale payment processing is highly secure and relies on millions of people. QuickBooks POS system accepts safe payment technologies such as EMV. You do not have to pay per transaction for credit payments, and the pricing is constant.

  • QuickBooks Desktop Integration: 

Data of QuickBooks POS may be easily transferred to QuickBooks Desktop. QuickBooks POS transactions are linked to QuickBooks accounting software. This saves your time and eliminates human error.

  • Inventory Management: 

QuickBooks POS advanced editions allow you to manage all of your inventory items. Using the QuickBooks point of sale, you can gain the most up-to-date data on your inventory goods. Knowing the current inventory details will help you increase your revenues and manage your business more efficiently. Moreover, QuickBooks Point of Sale software imports inventory items directly from spreadsheet applications.

Before going further, let us understand the basic requirement for the QuickBooks POS system.

Basic Requirement for QuickBooks POS System

Basic Requirement for QuickBooks Point of Sale System

The fundamental requirement of the QuickBooks point of sale is as follows:

  • Firstly, Windows is the operating system.
  • Then, a 2.8 GHz CPU processor will be proposed for single users, and a 3.5 GHz processor is proposed for multiple users.
  • However, a minimum of 1 GB of disc space is required.
  • Moreover, for a single workstation, 6-8 GB RAM shall be proposed.
  • 1280*768 or higher screen resolution
  • Furthermore, the QuickBooks POS is compatible with QuickBooks Desktop 2016, 2017, and 2018. It is also compatible with Enterprise Solutions Versions 16.0, 17.0, and 18.0.

Also, note that the QuickBooks for sale come in three basic versions: Basic, Pro, and Multi-store.

Let us see the pricing and the basic features of each of the Quickbooks POS systems.

QuickBooks Point of Sale Software

QuickBooks Point of Sale software

 

Software Plan

Fee in dollars ($)

Features

POS Basic

1200
  • Ring Sales
  • Accept payments.
  • Keep track of consumer information.
  • Carry out basic sales reports.
  • Additionally. connect to QuickBooks Desktop.
QB Point Of Sale Pro 1700 It includes basic plan features including:

  • Firstly, manage employees.
  • Secondly, Payroll administration.
  • Also, Layaway is available.
  • Moreover, Gift cards are available.
  • Coordination of reward and loyalty programs is required.
  • Lastly, carry out advanced reporting.

QB Point of Sale Multi-Store

1900

It includes PRO plan features including:

  • Firstly, manage a number of stores and channels.
  • Secondly, inventory management and transfer
  • Thirdly, advanced store-to-store sales and inventory reporting.

Pros and Cons Of QuickBooks POS Software

After a brief overview of Quickbooks point of sale software, let us now discuss the software’s advantages and disadvantages.

Advantages Of QuickBooks Point of Sale

  • Powerful inventory management: 

QuickBooks POS’s inventory syncs inventory across several locations and delivers real-time changes. Based on the specs of what sells best in different places, you can develop your business plan.

  • Integrations with QuickBooks: 

For accounting and payroll purposes, many retailers prefer the QuickBooks Point of Sale system.  However, to avoid manual data entry, you can connect your QuickBooks POS with QuickBooks Desktop.

Disadvantages Of QuickBooks Point of Sale

  • Only works with QuickBooks Desktop: 

QuickBooks POS is not cloud-based and shall install locally. However, this is one of its major disadvantages. QuickBooks POS can only connect to QuickBooks Desktop, not QuickBooks Online.

  • QuickBooks Payments is your only choice: 

QuickBooks POS card readers require QuickBooks Payments to be accounted for. This will result in the purchase of a QuickBooks Online or QuickBooks Desktop subscription.

  • Expert Customer service does not come cheap: 

You can get help from customer service for free. However, if you require expert guidance, you must pay for it. The QuickBooks point of sale support plan costs $79 per month and provides you with unrestricted access to professionals. The annual package with data recovery services costs around $589 per year. Moreover, the assistance is unlimited.

  • Pricing is Expensive:

When compared to other POS systems, QuickBooks Point of Sale is relatively expensive. However, the most basic setup will cost a one-time fee, and hardware will be purchased separately. If you have numerous locations, you must install individually licensed software for each one.

In addition to QuickBooks POS systems, a strong support service for your software is also essential. In such a case, QuickBooks POS support comes into effect.

Because QuickBooks is such a large piece of software, it includes a variety of POS features such as payment and refund processing, as well as inventory management.

With such wonderful features come a slew of faults that creates a nuisance for Quickbooks point-of-sale users.

To avoid such errors, Quickbooks POS support is required. There are several advantages to having QB POS support, which we shall go through now.

Advantages of having QuickBooks POS Support

Following is the list of advantages that people may obtain by connecting with QuickBooks POS support:

  • Firstly, QuickBooks point-of-sale support for both Mac and Windows.
  • Problems with registration.
  • Administrator keywords are lost.
  • Furthermore, software management is shown as a source of assistance.
  • Error with the slow running of software.
  • Also, there was an error with the installation of the flash player.
  • Support for data reinforcement and restoration.
  • If the finances aren’t working properly.
  • Transactional difficulties with the software.
  • Error in erasing useful papers.
  • Issue created by an affirmation fizzle.
  • Also, the issue with printing reports.
  • Bugs in software are removed.
  • Finally, problems were encountered while filtering standardized tags.

Conclusion

Connecting with QuickBooks POS helps to resolve QuickBooks point of sale issues is no longer a difficult task. We’ve put together a comprehensive guide to help you get a better understanding of the point-of-sale software.