How to keep track of goods in stores using PayKit POS

Effective inventory management is the foundation of a profitable and organized store. With PayKit POS, you get a tool for complete inventory control, minimizing the risk of shortages, and easily adapting processes to your business needs.

Why is quality inventory management important?

• Avoiding shortages                                                                                                                                                                                                No overspending or lost sales due to the lack of popular items.
• Reducing surpluses                                                                                                                                                                                  Minimizing write-offs of expired or unprofitable goods.
• Quick decisions                                                                                                                                                                                                   Real-time data allows you to quickly adjust orders and promotions.
• Improved service                                                                                                                                                                                                Always have the products that buyers are looking for – satisfied customers come back again.

PayKit POS Key Features for Product Accounting

Barcodes

• Instant scanning upon receipt, sale, and inventory.
• 100% accuracy of recording each unit of product.

Automatic balance update

• Each transaction is an instant correction of data in the system.
• Avoids double entry and manual counting errors.

Multi-warehouse support

• Control of balances at the store, warehouse, or point of issue.
• Movement of goods between locations in a couple of clicks.

One-touch inventory

• Plan and conduct inventory without stopping sales.
• Automatic reports on discrepancies between actual and accounting balances.

Analytics and forecasting

• Reports on turnover, seasonal fluctuations, and most popular products.
• Recommendations on optimal balance and reorder time.

Loyalty programs and promotions

• Automatic discounts on wholesale purchases.
• Instant tracking of bonus cards and customer savings.

Steps to implement PayKit POS in your store

Preparing products

• Assigning a barcode or RFID code to each product line.
• Entering basic data: name, price, supplier, minimum stock.

Setting up multi-warehouses

• Create a “main” warehouse and additional points — a sales floor, a warehouse, issuing online orders.

Staff training

• Short training sessions on scanning goods, processing receipts and sales.
• Familiarizing yourself with the interface of the mobile application and web office.

Conducting the first inventory

• Use barcode scanners or a mobile application.
• Compare actual balances with data in PayKit POS — the system will show all discrepancies.

Launching regular cycles

• Automate weekly or monthly inventories.
• Set up alerts about low stocks and replenishment deadlines.

Analysis and Adjustment

• Check the dynamics of turnover and assortment every day.
• Use reports to make decisions: when to order, what to withdraw from sale, which promotions to launch.

Benefits for your business

• Time is money: save up to 70% of time on routine operations.
• Accuracy: minimum human errors, accurate data 24/7.
• Flexibility: adapt to any product groups and sales scenarios.
• Mobility: manage inventory even from a smartphone or tablet.

Ready to improve your store’s accounting?

PayKit POS is your trusted partner in the world of retail. Automate your inventory, increase efficiency, and provide the highest level of service to your customers.

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