What is 'cash drawer' in SAP IS-R-POS - Point of Sale?

cash drawer - Overview

• Component: IS-R-POS

• Component Name: Point of Sale

• Description: The compartment in the cash register that holds paper and coin currency.

cash drawer - Details

• 
  Key Concepts: 
  Cash drawer is a component of the IS-R-POS Point of Sale (POS) system. It is a physical device used to store and manage cash transactions. It is typically connected to a POS terminal and can be opened and closed with a key or code. 
  
  How to use it: 
  The cash drawer is used to store cash transactions and keep track of the amount of money in the drawer. When a customer pays with cash, the cashier will open the drawer, enter the amount of money received, and close the drawer. The POS system will then update the inventory and financial records accordingly. 
  
  Tips & Tricks: 
  It is important to keep track of the amount of money in the cash drawer at all times. This can be done by regularly counting the money in the drawer and comparing it to the POS system’s records. Additionally, it is important to keep the cash drawer locked when not in use to prevent theft or unauthorized access. 
  
  Related Information: 
  The IS-R-POS Point of Sale system also includes other components such as barcode scanners, receipt printers, and credit card readers. These components are used to facilitate transactions and ensure accuracy in financial records. Additionally, there are various software solutions available that can be used to manage POS systems more efficiently.