POS Stocktake Modes

Standing

In this mode there is a perpetual inventory held at the POS. Each operator starting a shift is required to confirm the starting count, and then the ending count at the location.

The expected starting count is based on the closing count from the previous shift/day. The expected closing count is based on the starting count minus recorded sales.

If there is a discrepancy between the actual and expected count, it is reported against that operator shift.

For example: This mode would be used in a situation where there is a separate shelf of chocolate bars and candy on the counter next to each POS terminal, and the operators can only sell chocolate and candy from their own shelf. Stocktake can be performed on the stock that each operator is responsible for.

Float

In this mode the POS location holds no stock between operator shifts. When an operator starts a shift they are given a stock float from a central location, then they confirm their starting inventory at the POS. At the end of the shift the operator counts the remaining stock and returns it to the central location.

If there is a discrepancy between the actual and expected count, based on recorded sales, it is reported against that operator shift.

For example: This mode would be used in a situation where an operator is given concessions to sell from a mobile cart. A new float is created at the start of each shift, and at the end of the shift the stock must be counted and returned to the stock location.