When selecting a point of sale (POS) solution, users have a choice between stand-alone solutions and integrated solutions. They should first evaluate core and non-core components of POS systems, and assess the strengths and weaknesses of best-of-breed and integrated approaches.
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equitable; they cannot be higher than the competitor, but they cannot be lower than the cost. Moreover, to lessen the loss, markdowns allow retailers to liquidate discontinued or out of fashion products. Financials : The financials component is not considered a core element of POS systems. However, all vendors must at least have the means to communicate with a third-party financial system. This component includes general ledger, fixed assets, cost accounting, cash management, budgeting, accounts payable,