Cashier vs Point of Sales
CASHIER
"Handles Disbursements, Closure of AR, Inventories paid in Cash, COCI (Check & Other Cash Items), and bank related transactions."
- Manages Disbursements
- Closes Accounts Receivable
- Records Inventories paid in Cash
- Manages COCI (Check & Other Cash Items)
Point of Sales (POS)
"POS are for processing sales and fulfilling sales on terms."
Internal Control Note
Separating the Cashier functions from the Sales (POS) functions is a critical internal control measure. By assigning cash-based inventory recording and COCI (Check & Other Cash Items) management to the Cashier, Phecom ERP ensures that the person responsible for recording sales is not the same person responsible for managing disbursements and bank deposits.