Liquor Store Point of Sale System Reconcilation

POS configuration must be understood prior to performing a physical count. Some key considerations include:

  • Item Grouping and Parent/Child relationships
  • How different items with the same bar code are handled
  • Understanding how the POS handles pack conversions during POS import
  • How to distinguish between a new barcode for an existing item and a new item and how deal with each scenario during the physical count
Point of Sale System
Point of Sale System

STILL DECIDING ON WHAT POINT OF SALE SYSTEM TO CHOOSE?

When deciding on which POS system you need for your business, you need to consider a few factors. You need to make sure the POS allows you to process every sale securely and can use it for administrative purposes.

Are you losing money because your Point of Sale system is unable to tell you what is happening with your inventory?

How many times a month do you get an email about upgrading to the latest and greatest phone?  There is always something better around the corner, and it can be difficult to keep up with.  Some people love having more storage and taking pictures like a professional photographer on their phone.  There are also people who don’t need all the bells and whistles.  They want to know they can make and answer calls and that is it.  Technology can be a daunting. The same is true for liquor store operations.  Whether it is business growth, staffing challenges, or a need to automate, you have to keep your eye on technology and how it can help you manage your business.  Of course, if you don’t have good data in your database, then garbage in equals garbage out and the value you are gaining from your technology investment is limited.

Point of Sale System
Asset Inventories Inventory Loss Prevention Ownership Transition

We're here to help with liquor store point of sale reconciliation

Over our 35-year history we have come to develop great relationships with a variety of POS vendors in the liquor store space.  We have developed an in-depth understanding of how the items database tables are set up, how the data is configured, and how the POS system tracks inventory quantities within the POS.  Most importantly, we understand how our inventory results are translated into updates in the POS system.  Things like pack units, parent child relationships, and other factors can affect how our results are translated and updated in the system.  A quantity of 16 may not register as a quantity of 16 in the POS after the import, and each POS is different.   If a POS is not configured consistently within a store database, this can cause problems for not only the physical count, but can also lead to an inaccurate reflection and tracking of your inventory after the count completes.  We spend time up front making sure we ask questions about how your inventory is set up in the POS, and help identify potential problems. This advance communication helps our team work more efficiently and will provide a better end result for you.

Some of the POS systems that we work with:  CheersPOS, EZ Spirits, Clover, QuickBooks, EZ4U, Counterpoint, Lightspeed, Cash Register Express, PCAmerica, Catapult, Alexandria, CloudRetailer, Microsoft RMS, MPower, Topaz, Saphire, Modisoft, and more

Over our 35-year history we have come to develop great relationships with a variety of POS vendors in the liquor store space.  We have developed an in-depth understanding of how the items database tables are set up, how the data is configured, and how the POS system tracks inventory quantities within the POS.  Most importantly, we understand how our inventory results are translated into updates in the POS system.  Things like pack units, parent child relationships, and other factors can affect how our results are translated and updated in the system.  A quantity of 16 may not register as a quantity of 16 in the POS after the import, and each POS is different.   If a POS is not configured consistently within a store database, this can cause problems for not only the physical count, but can also lead to an inaccurate reflection and tracking of your inventory after the count completes.  We spend time up front making sure we ask questions about how your inventory is set up in the POS, and help identify potential problems. This advance communication helps our team work more efficiently and will provide a better end result for you.

Some of the POS systems that we work with: 

Your Inventory Service Questions Answered

Get answers to your most common questions from Monarch

Why do I need help with POS Reconciliation?

You might not. If you have a firm grasp on the technology and the process, you might be able to update the system yourself. But, why not get some help from the professionals? If you’ve put time and money into bringing in a team to count your inventory, you might as well have them stick around to ensure that you get the most benefit from the data they have gathered.

Will this help me out in the long run?

Absolutely. Mistakes or errors in your POS don’t get smaller over time, they will grow. Identifying them early and implementing fixes will ensure that you have a solid system to run your day-to-day operations.

My POS system isn’t listed above, can you still help me?

We can! While every system is unique, there are commonalities within each of them. We will take the extra steps needed to learn what it will take to apply what we know about other POS systems and apply it to yours. The team at Monarch loves a challenge and looks at each as an opportunity to grow our knowledge base. Send us an email or give us a call today!