Question

Menu item, labor master, and inventory are the three major files that can be stored and maintained by Point-of-Sale system software? Describe the components of each file.

Answer 1

A point-of-sale system (POS) is used to bind and complete the transaction between the seller and the buyer.

• Menu item file: It displays the list of different choices, through which a transaction between a seller and buyer can be processed.
  • Occurs at the ribbon of the system
  • Can be simple or cascading
  • Controls and icons are present to facilitate the transaction
• Labor master file: Contains the details about the employees of the company
  • Personal and professional details of the employees
  • Attendance monitoring control
  • Payroll initiation control
  • Performance monitoring control
• Inventory file: This file contains the details of the inventory management of business
  • The total inventory available
  • The consumption rate of inventory
  • Shelf-life or expiration date of inventory