#point-of-sale
POS system selection, pricing, hardware, and reconciliation for restaurants and retail businesses
Split SNAP and non-SNAP sales into separate accounts with an EBT clearing account, so state soda and candy bans never tangle your books or your compliance.
Budget 2–4% shrinkage, split fresh from dry COGS, book the building's 10–15% commission as rent, and tax prepared food apart to see if a micro-market pays.
Azerbaijan's 0% payroll holiday ended January 1, 2026: private-sector wages now face 3–14% progressive tax, while caterers pay 6% on card sales.
Bahamas VAT on unprepared food fell from 5% to 0% on April 1, 2026. Grocers must re-code SKUs into 0/5/10% buckets and keep claiming input tax.
Colorado HB25-1090 lets restaurants keep service charges if every menu, website and phone quote states the amount and who gets it before the guest orders.
The retail inventory method estimates ending inventory at cost by applying your cost-to-retail ratio to unsold stock — no shelf count, just sales records.
Counterfeits you accept are your loss — no reimbursement. Train cashiers on feel-look-tilt checks, UV verification, and Secret Service Form 1604 reporting.
Kansas revises local sales tax rates every quarter and holds retailers liable for tax they should have collected — use this 10-step checklist each quarter.
IRS and state auditors start with the gap between your POS Z report and your drawer count. Log paid-outs, deposit intact, book the rest to Cash Over and Short.
Manufacturer coupons stay taxable because the vendor reimburses you; store coupons cut the base. US rules for BOGO, double coupons, and booking each.
Tap to Pay skips the $59 reader but still pays 2.6–2.7% card-present rates; a per-tap surcharge and the IRS 1099-K decide whether phone-only actually wins.
California's 10-cent paper bag charge is excluded from taxable sales, while Washington's 12-cent plastic bag charge is taxable — book each in its own account.
