Using a suitable digital POS system means complying with certain requirements and quality criteria in terms of electronic bookkeeping, data recording and storage (i.e. protection against manipulation - this means no one can change your data).
This means that when it tax audit time it’ll be much easier for a salon to show that their bookkeeping is in order - as well as being easy to understand (and auditable) for third parties.
POS isn’t just about helping fiscal authorities access financial figures and transactional data in case of an audit though – there are many other reasons for a salon to use POS too.
Since each checkout is tracked, transactional data is constantly being created and stored. Treatwell POS then displays that data in various reports and data exports. The day end report for example provides the most important data at the end of each business day: i.e. what has been the gross total and how have clients paid?
All transactions can be retraced individually within the software - and can also be exported from the software (i.e. to hand it over to accounting) – great right?
With Treatwell POS, all important financial figures are always available (even remotely): Treatwell POS offers several reports which show insights into which services and products are sold often or which employees have generated x amount of revenue with certain items.