Top 5 Things to Consider When Purchasing Cash Drawers
Whether you are starting a kiosk, retail store or a restaurant, you need to have a payment system that will enable you to receive payments as well as return change appropriately. This is very essential if you want your business to be successful.
In the market today, there is a wide variety of cash registers with various options for cash drawers and tills (inserts). The onus is on you to choose the cash register set-up that best suits the specific needs of your store. Cash drawers are usually located underneath the register and they are used for storing cash from transactions. Because of their importance, you need to be careful when making your purchase. Discussed below are some of the things that you have to consider when purchasing the cash drawers.
A cash drawer needs to be strong in order to house the money safely. If your business is located in a more dangerous area, you may need a heavier duty drawer as compared to a business owner who is operating his business in a secure environment. Apart from the area of operation, the type of business you conduct will also help you to decide whether you require a standard duty drawer or a heavy duty. Fast food establishments for instance require heavy duty cash drawers that are more resistant to dents because they are opened frequently. Despite the fact that heavier duty drawers are costly, they are a worthwhile investment when you factor in the security and durability they provide.
Compatibility with Cash Register Software
POS hardware must be compatible with the cash register software. This is because they work in harmony. When you complete a sale transaction, the cash register usually signals the cash drawer to spring open from its lockable box. The locked position will not release the drawer to open before it has received the signal from the system. Thus, when purchasing cash drawers you have to evaluate the compatibility with your cash register software.
Cash drawers typically have 1 to 3 media slots. The media slots are for allowing the user to put items like manual credit card receipts and checks in the drawer without opening the insert. This is usually an added security measure. In addition, you avoid mixing cash from other paperwork which can lead to loss of money at the end of the day. Choose the cash drawers with your preferred media slots depending on the nature of your business and well as your specific needs.
In every purchase, the cost element usually plays an integral part ion the purchase decision. Take time to compare what different sellers are offering the market and settle for the best deal. Don’t just settle for the first vendor that you come across but shop around to get the prevailing market value of the cash drawers. After evaluating several vendors, make your purchase from the seller who guarantees you best value for your money.
One of the considerations you should factor in when buying cash drawers is the aesthetic appeal. Cash drawers come in a plethora of sizes, colors and styles. Ensure that you choose a drawer that will fit perfectly in the available space as well as match with the environment.
You can buy cash drawers in a multitude of online retail stores or brick and mortar stores. Online platform will be a better option since you will be able to assess a wide selection of cash drawers before finalizing on your purchase decision. In addition, you will be able to compare what different vendors are offering in terms of quality and price and make the best decision. On the internet, you will therefore be able to get cash drawers that meet your individual needs at very competitive prices.
When all is said and done, purchasing cash drawers should not be an overwhelming and stressing task. With basic understanding of how the point of sale system operates and some little research, you will be able to get drawers that best match your business venture.
David Peterson is a business consultant. He has established himself in this field over the years. He is also a contributor in a number of blogs and forums where he shares his knowledge and expertise with readers. He has written a number of articles on cash drawers. In writing these articles, he got some of the information from www.pos99.com.au and he is very grateful to them.