Punk, Goth, and clubs kids are known to wear a lot of black, and almost every woman has that perfect black dress that's flattering to her body in her closet. Black symbolizes extremes -- all or nothing -- and is a color of strength, power, sophistication, elegance, and authority. Photo: H&M.
Point of Sale (POS) System. Definition: A computerized network operated by a main computer and linked to several checkout terminals . Inventory software programs now on the market let you track usage, monitor changes in unit dollar costs, calculate when you need to reorder, and analyze inventory levels on an item-by-item basis.
The point of sale (POS) is the time and place where a retail transaction is completed. It is the point at which a customer makes a payment to the merchant in exchange for goods or after provision of a service.t the point of sale, the merchant would prepare an invoice for the customer (which may be a cash register printout) or otherwise calculate the amount owed by the customer and provide options for the customer to make payment. After receiving payment, the merchant will also normally issue a receipt for the transaction.