What is fixed float in SAP IS-R-POS - Point of Sale?

SAP Term: fixed float

• Component: IS-R-POS

• Component Name: Point of Sale

• Description: A predetermined amount of tender to be retained in the till upon completing a balance. The amount of tender to transfer to the safe is then calculated based on this figure.

Smart SAP Assistant

• Key Concepts: 
  Fixed float is a feature of the SAP IS-R-POS Point of Sale (POS) system that allows retailers to set a fixed amount of cash in the till and then track the float as it changes throughout the day. This helps retailers to keep track of their cash flow and ensure that they have enough money in the till to cover customer transactions. 
  
  How to use it: 
  To use fixed float, retailers must first set a fixed amount of cash in the till. This can be done by entering the desired amount into the POS system. Once this is done, the POS system will track any changes in the float throughout the day. This allows retailers to keep an eye on their cash flow and make sure they have enough money in the till to cover customer transactions. 
  
  Tips & Tricks: 
  When setting a fixed float, it is important to make sure that you have enough money in the till to cover customer transactions. It is also important to keep an eye on your float throughout the day and adjust it as needed. This will help ensure that you always have enough money in the till to cover customer transactions. 
  
  Related Information: 
  The SAP IS-R-POS Point of Sale system also offers other features such as inventory tracking, customer loyalty programs, and more. For more information about these features, please visit SAP's website.