What Is POS System?

Definition: A POS (Point of Sale) system is the hardware and software combination used to process retail transactions in physical stores, restaurants, or service businesses — handling payments, inventory tracking, receipts, and sales reporting.

POS System Explained

Modern POS systems like Odoo POS are web-based, work offline, and integrate directly with inventory and accounting modules. This means every in-store sale automatically updates stock levels and financial records. Odoo POS supports multiple payment methods, loyalty programs, table management (for restaurants), and barcode scanning.

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