Small business owners will have a new option for tracking retail sales with the launch of QuickBooks Point-of-Sale. The new software program comes from Intuit, the makers of the popular QuickBooks accounting programs for small business, and can be integrated with the QuickBooks program.

What can the new program do? Intuit outlines some of the key features:

• It will take care of any retail sales transaction, providing that you already use a computerized cash register, and then updates the computer’s accounting files automatically.

• It allows you to accept most forms of payment such as cash and credit cards, and convert foreign currency.

• Users can follow sales figures and inventory status at any given time, build a collection of detailed customer profiles, and keep track of taxes.

• The software can be operated on both single and multiple terminals

• The program also provides a training mode that could come in handy when you hire new help and get them up to speed quickly.

These new features could eliminate the need to take inventory checks and go over accounting records on a daily basis, says Intuit. For business owners already using QuickBooks accounting software, the ability to integrate QuickBooks Point-of-Sale into their existing system is an obvious plus.

QuickBooks Point-of-Sale is priced at $1295.00 for a stand-alone version or $1595.00 for a package that comes bundled with Quickbooks Pro. The program is available online through www.intuit.com/canada/quickbooks/pos/index.html.

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