Also known as the point of service or POS, the point of sale is the exact point in a

transaction when goods or services are provided to the customer and payment is
rendered for those products. While the specifics of a point of sale system will vary
somewhat from one situation to another, the final outcome is always the same.
(Malcolm Tatum, 2010)

Point of sales (POS) software is a type of software that retail store use to calculate their
sales and operate the cash drawer; it is a computerized cash drawer. Point of sales add
up the sales total and calculate the change. When customer buy items from retail store,
point of sales will minus or debit the amount of item sold in the inventory system. At
minimum, POS should be able to handle sales and manage your inventory database.
(Jane Harmon, 2010)

In an early age when most of the company are still using the manual system in the sales
and inventory, most of the company encountered so many problems and this is because
of the process of the existing system is too slow and too long. According to (Kaye
Morris, 2010)

Point of sales system have replaced traditional cash registers, largely for functionality
reasons. POS systems, as they are sometimes called, are relatively easy to use and help
provide valuable data for important decision makers. In order to keep up with the
record keeping needs of small and mid sized businesses, a good point of sale system
salary is necessary. Web based point of sale system are preferred over software based
POS system because they are easily upgradable, and feature access from multiple
computers (Carter, 2012)

The best this about having a computerized POS system in your retail business is a new
stock arrives and as it is sold, it keeps the stock levels current and updated, hence
making it is easier to identify which items are selling and which items are not, A POS
system is also good in checking for any obsolete or out of date stock that needs to be
disposed. If you are still counting your inventory manually on the shelves or in the
warehouse, you should think twice about your method, for there are many advantages
in using POS system. One advantage of POS system is its ability to help your business
achieved detailed real time stock level information. In addition, A POS system can also
give you information such as weather forecasts, public holidays and major sporting
events, which can be of great help in determining the stock level of seasonal products.
You can now efficiently and effectively handle your stock management accurately
(Ganderton, 2010)
The Sales and Inventory System of the vital to any institution, agency, or department.
The proper safekeeping, processing and disposal of records play important roles in the
efficient, effective and smooth operation that eventually would lead to the success
attainment of the goal and objectives of institution, agency and department concerned.
Based on her recommendation there should be a central record management office that
will hold data of the agency to serve as locator of the record and to control the disposal
of each record. This can be possible with computerized system. Computer with the
appropriate software package is capable of handling records efficiently and effectively.
In addition, locating records that are computerized is faster than finding them in the
filling cabinet (Magat, 2007).

Computer is general purpose device which can be programmed to carry out a finite set
arithmetic or local operation. Computer has a big rule in our nation today because of
our technology. Wherever you go computer still exist, especially in business it makes the
procedure easy and secure by programming the manual system into a computerizing
system. The rule of technology in our life today has a big impact. According to (Gemma
Navarro, 2012)

Inventory system help to minimize the difficulty of the manager in processing inventory
because physical counting products, stocks and computing inventory summary will be
the system job. It will monitor the availability of products, items to prevent under
stocking, over stocking and running out of stocks. The system will also simplify the
transaction between dealer and supplier relationship because of the updated supplier
information and price list of items will correspond to collaboration with

other supplier. (Averion, Gaela, and Libo, 2009)

Under the Koread RedGinseng Enterprise Sales and Inventory System, the researchers
came up with acomputerized sales and inventory system. The proponents used database
toeasy access of files and for easier and faster processing of the selling andinventory
transaction. The program was designated to generate reports such asmonthly reports,
inventory reports, sales invoice and list of items. According to (J.De Leon and M. Ferrer,
2009)