Selected Tag: daily cash sales

Express Retail – Receipt & Report

July 13th, 2010
Web Edition Express Retail Sales

Fast retail transactions only make sense if they’re accurate. Throughout this series of posts, we’ve selected an existing customer, identified the products to be purchased, automatically assessed sales tax, and split the customer’s payment methods.

Once the leftover amount is $0.00 (either due to handing change to the customer or splitting the entire payment among various transaction types), Web Edition HME software displays a Checkout button. The Checkout button will not display until Change Due equals $0.00.

Web Edition automatically opens a new browser tab displaying the retail receipt. Here’s an example of a standard receipt, although you can customize a receipt to your specifications.

Since the receipt displays in your Web browser as a PDF, you can print it anywhere you want, including a 3-inch receipt printer. If your customer ever needs another printed receipt, you can easily accommodate. The duplicate will clearly display “Reprint Receipt” to signify that it isn’t the original.

At the end of each retail shift or the close of your business day, you can easily generate a Daily Cash Sales report to balance each cash drawer at each location and reconcile your bank deposit. You can view a quick sample featuring a single transaction.

Retail is included with your Web Edition HME software so you can easily tap into that revenue stream. Contact me or watch our quick video to learn more about how our express retail flow can help your HME business.

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Express Retail – Checkout

July 7th, 2010
Web Edition Express Retail Sales

Let’s continue our discussion of fast retail transactions. Now that we know who our customer is and we’ve identified the products to be purchased, we can proceed to the checkout.

Using our intuitive Web Edition HME software, click Add Order at the bottom of the page to display the Checkout page. Determine whether the customer wishes to pay by cash, check or credit/debit card.

If you select Cash, type the tendered amount. Web Edition automatically calculates change to be returned to the customer.

If you accept personal checks, select Check. The page dynamically changes to allow you to type the check number. Credit and debit cards work the same way.

Has a customer ever asked to split a payment? "I only have $20 in cash. May I write a check for the remainder?"

Fortunately, you can mix and match any combination of payment methods in Web Edition. All transaction details conveniently print onto your retail receipt and tally correctly in your daily cash sales report.

That’s where we’ll pick up next time: printing your retail receipt and your daily cash sales report. Meanwhile, watch our quick video displaying the retail flow.

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New Revenue Streams – Retail

September 2nd, 2009
Retail Point-of-Sale

As the third party order realizes less reimbursement, HME providers have two choices to remain viable: reduce costs or seek new revenue. Which direction have you gone? Have you tried a little of both?

One of the more obvious revenue streams is retail, which promotes quick cash f low. Even if you believe you don’t have the traditional floor space necessary to display certain products, you can display products online.

You may be surprised at the number of consumers who may be willing to purchase medical equipment and supplies at retail. It may be worth your time to test a few products.

Most HME software offers built-in retail, so you can easily select from the same inventory, select the same customer to attach retail products, and add retail revenue (daily cash sales) to your daily bottom line. Some software allows you to quickly record a check number, print a retail receipt, and credit a refund.

If retail picks up after your test, consider the ability to scan UPCs using an affordable bar code scanner. It connects to a USB port on the computer at your point-of-sale.

Your HME software should allow you to scan the UPC to automatically select the product as a line item on the cash sale, add (or override) tax where necessary, and automatically calculate the correct total retail price. Locking cash drawers and 3″ thermal receipt printers are also affordable. They’ll come in handy as your retail presence grows.

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