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Ofivio POS, explained: a till that keeps proper books

Most point-of-sale software ends at the receipt. The takings are then summarised into a cash book and the shop's real position becomes a matter of the owner's instinct.

By Ofivio

Ofivio POS is a counter: ring up a sale, watch stock update, get paid. What separates it from the category is what happens after the receipt — the day posts into Ofivio Books as real accounting rather than into a cash book that only knows what came in.

Stock is where retail makes or loses money

Revenue is easy to see and mostly outside your control. Stock is the opposite: unglamorous, entirely within your control, and where the margin quietly goes. A till that decrements stock on every sale turns shrinkage from an annual surprise into a weekly number with a cause still attached to it.

The three numbers a counter should see daily

  • Margin by line, not revenue by day — which shelf pays for the shop and which one rents space in it
  • Shrinkage since the last count — manageable weekly, a shock annually
  • What is about to run out — the only one of the three that changes tomorrow rather than explaining yesterday

What is in the box

Warehouse, Procurement, Manager, POS, HR, Finance.

A shop attached to another business

Plenty of firms here run a counter alongside something else — a builder with a materials shop, a practice with a print counter. Because POS is a product on the same spine, that shop is a room in the same workspace instead of a separate system with its own login and its own books.

It is worth being clear that a retail stock ledger and a project store are different things that look alike: one sells, the other issues material to work. They are separate products here for that reason — see inventory management.

What it does not do

  • No restaurant table management or kitchen display
  • No e-commerce storefront — this is a counter
  • No weighing-scale or shelf-label integration at supermarket scale
  • No manufacturing, assembly or bill of materials
  • It expects a network. If your connection drops for hours at a time, test before you commit.

Ring up a day of sales and look at the margin, not the takings.

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Ofivio POS·pos software·retail·product guide