What is 'credit sale' in SAP IS-R-POS - Point of Sale?

credit sale - Overview

• Component: IS-R-POS

• Component Name: Point of Sale

• Description: The sale of items and non-merchandise items that are paid for by the customer with a credit or debit card.

credit sale - Details

• 
  Key Concepts: 
  A credit sale is a type of transaction in the SAP IS-R-POS Point of Sale system. It is a sale in which the customer pays for goods or services with a credit card, rather than with cash or a check. The customer's credit card is charged for the purchase amount, and the merchant receives payment from the credit card company. 
  
  How to use it: 
  In order to process a credit sale in SAP IS-R-POS Point of Sale, the merchant must first enter the customer's credit card information into the system. This can be done manually or by swiping the card through a card reader. Once the information is entered, the merchant can then enter the purchase amount and complete the transaction. 
  
  Tips & Tricks: 
  When processing a credit sale in SAP IS-R-POS Point of Sale, it is important to ensure that all information is entered correctly. This includes the customer's name, address, and credit card number. Additionally, it is important to double-check that the purchase amount is correct before completing the transaction. 
  
  Related Information: 
  In addition to credit sales, SAP IS-R-POS Point of Sale also supports other types of transactions such as cash sales, check sales, and gift card sales. Additionally, merchants can use SAP IS-R-POS Point of Sale to track inventory levels and generate reports on sales activity.