In today’s world, every business enterprise wants a reliable point of sale to stand in this competitive world. One tool that helps in managing finance is QuickBooks Point of Sale. QuickBooks is well known for managing finances that Intuit offers. The integration of Business POS with QuickBooks will benefit in many ways. It helps reduce duplicate data entry and synchronize the data very smoothly. In this article, we will discuss more about QuickBooks POS. Let us begin.
What is QuickBooks Point of Sale?
QuickBooks Point of Sale is one of the best software tools that provides a huge variety of functions that help shopkeepers and retailers, track and update the inventory, maintain invoices of budget, create daily and annual reports, and imprint buyer’s behavior that helps the enterprise in changing the market strategy. Intuit Point of Sale furnishes the accustomed sales aspects of payment inventory management.
Intuit point of sale is available in 4 genres:
- Basic
- Pro
- Multi-store
- QuickBooks POS Cloud
Installing and Setting Up the QuickBooks Point of Sale Desktop
Downloading and Installing is not a tough task. You just need to pursue the mentioned steps:
Step1. Examine the System Requirement
Before proceeding further with installation, the user should check the requirements of the latest version of the POS system Quickbook.
Step2. Download QuickBooks POS
Here are some points you need to follow for downloading the process:
- Go to the downloads and Update page of QuickBooks.
- Choose QuickBooks point of sale as a product.
- Select the software version and edition of the Intuit POS system.
- Fill in all the details of the related field.
Step3. Install QuickBooks Desktop POS
For the Installation first locate the downloaded file of POS on your desktop. Then Follow the steps:
- If a prompt pops out for overwriting then select Yes to All.
- Launch the Installation file by pressing Next.
- Read the Licence and Agreement and press select.
- An interface will open and ask for the installation type:
- Only this Computer- Choose this only if you are a single user.
- More than One Desktop- Use if you have more than one user.
- If you want to install POS on two computers, select the workstation.
- Workstations are two types chosen according to you.
- Server Workstation
- Client Workstation
- After careful consideration press the install button.
- Sign In with your email or with the customer account management portal.
- Now choose the QuickBooks desktop and then press point of sale.
Step4. Activate Intuit Point Of Sale
- Go to the Quickbooks POS software file or an icon from the downloads and open it.
- Search the help menu and click Registration.
- Pursue the steps to verify the product’s information and activate your software tool.
Best POS Systems that integrate with QuickBooks Desktop and Online
Before knowing the best Quickbooks desktop point of sale, first learn the types of integration. There are two methods to integrate with QuickBooks that is:
Direct Integration
This provides real-time sharing among Point of Sale and Quickbooks. This tool takes less time which makes it efficient for business. It helps in reducing human errors. This integration provides you with feedback on your business report.
Indirect Integration
In this method, user can migrate their company accounting data from POS in the exterior of an Excel sheet and you need to add it with a free hand to the capitalized software. This allows user to sync their accounting data to QuickBooks and POS but consumes plenty of time.
POS Services that QuickBooks offer
Here are some of the software that Quickbooks tool hub offers on their own that is:
- Shopify POS:
This is one of the best tools for integration with QuickBooks desktop point of sale. A payment of Quickbooks processing fee may be charged starting from 2.6% + $0.10 in person and Online: 2.9% + $0.30. It also costs a monthly fee of around $39. Users can upgrade to POS Pro.
- Korona POS:
Korona is a cloud-based software that provides payment processing, customer management, inventory management, and many more functionality. The integration with Quickbooks helps in maintaining asset values, and cash flow. It costs $ 49 per month. It also provides a free trial.
- Square POS:
This software is best for a free POS plan. This plan is free so it charges only a processing fee. The cost in person is $0.10 and Online is $0.30.
- Retail Edge:
Retail Edge facilitates the POS solution that provides mobile POS, sales tracking, customer management, etc. QuickBooks permits you to import data about goods and services, sales tax, and stock value. The subscription fee is $495.
- Clover POS:
This tool is best for managing mobile transactions. It takes a processing fee and monthly payment. It charges In- a person 2.3% + $0.10; and if you pay Online, it is 3.5% + $0.10. It also offers the user for a free trial.
A brief comparison of all versions of QuickBooks Pos Pricing Structure
| QB POS version | Price Structure | Description |
| Basic Plan | Starting Price at $1,200 | Ring sales, footmarks directory and user data, basic reporting, integrate with QuickBooks Desktop |
| Pro Plan | Starting price plan at $1,700 | All Basic capacity, command payroll and employee, offering gift cards, and accessing advanced reporting |
| Multi-Store Plan | Starting from $1,900 | Include all-pro proficiency, transmit catalogs, and access to advanced sales and inventory reporting between stores. |
Features Of QuickBooks POS
Quickbooks with POS software has many features that help in making the business more popular. Below we discuss some of the features. Read further:
Interactive Dashboard
When you log in to the point-of-sale system QuickBooks you will get an interactive dashboard that is very simple to use and provides the option to see the sales summary category-wise. This helps in recognizing the time when the sales are higher than usual.
Inventory Management
Intuit Point of Sales offers real-time account management and updates the report with every transaction. QuickBooks Retail POS includes tag customization, customer orders, forecasting of inventory, and many more.
Payment Processing
Point of Sale Intuit is proficient in all types of payment modes as it accepts all types of cards. Monitor all the transactions at every stage for making a secure connection.
Accessing Customer Information
QuickBooks retail POS allows customers to access information that helps them revisit the store. Users can feed new customer information like name, address, phone number, and email into the software and later use it to recognize customers. To reach potential customers it will be beneficial to run marketing campaigns or announcements for approaching offers.
Purchase Order Management
Purchase order management smooths the process of inventory. POS system QuickBooks scans the barcode and then fills in the pre-requisite for order confirmation.
Auto-syncs with QuickBooks Accounting
If you link your any QuickBooks accounts with QuickBooks POS then your transaction will automatically sync with the software. It also prevents the duplicity and falsity that occurs due to human mistakes.
Hardware Affinity
QuickBooks POS Hardware is cooperative with all the hardware such as printers, Microsoft Surface Pro, barcode, cash flow, tablets, etc. It is Flexible and provides the freedom to roam around the store with the device.
Conclusion
Here we reach the end and we conclude that to stand out in the business world or for running a retail shop QuickBooks Point of Sale is a top-tier gadget. QuickBooks POS helps you to choose the best according to your business requirements. For more inquiries, you can redirect to the website and you may call their expert, who will guide you more about the point of sale Intuit, QuickBooks pos free download, and QuickBooks pos pricing.
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