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What You Should Know About QuickBooks POS Multistore for Retail Businesses

As we scale our accounting software business model to accommodate smaller and growing retail businesses owners looking for the right financial solution to their day to day accounting challenges, we always try to share implementation experiences so that prospects or business owners in the same line of business will learn and understand how our solutions can solve their related challenges.

If you are looking for a POS software for your retail business, here is a story that will help you avoid wrong installation and setup so you can get value for money.

A client, who was looking to upgrade an older version of QuickBooks POS software called in to request for the latest version of multi-store which as of this writing, was 2018. She bought a user license of the POS software without a proper understanding on how QuickBooks POS multi-store for retail businesses works. After installing the software at various locations, networking became a challenge; she felt all the remote stores could easily be linked to the head office so that inventories, sales, purchases and report could easily be centralized.

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For over 5 years, we have implemented QuickBooks for several companies under Retail, Manufacturing, Oil & Gas, Real Estate & Construction, Travels, Hospitality,Legal, Co-operatives, NGOs, Financial & Service Sectors.
  • Mbaire Services Nigeria Ltd(Construction)
  • Chisco Transport Limited(Transport)
  • Aristokrat 360 Limited(Creative & Media Agency)
  • Alpha Pharmacy (Health Care & Supermarket)
  • Hawkes Legal(Legal)
  • OPI Nigeria International Limited (Oil & Gas Servicing)
  • Zenilum Company Limited (Oil & Gas Servicing)
  • Lilygate Hotel(Hospitality)
  • Josien Holdings Limited(Distribution)
  • Aisha Buhari Foundation (Futured Assured)(NGO)
  • Doheney HR Services(HR)
  • Biddel Oil & Gas Limited (Oil & Gas)
  • System Intelligenz Limited(Contractor)
  • MagTech Information Security (IT)
  • Infusion Cakes Nigeria (Bakery)
  • Landmark Centre (Event Centre)
  • Mountain Ice Travel & Tour (Travels)
  • BTS System (Service)
  • Logos Travel Support & Solutions Ltd (Travels)
  • Germaine Auto Centre (Autos)
  • BD Consult (PR)
  • Starlight Nigeria (Retail)
  • Temple Private School (Education)
  • C. Charles Resources Limited (IT consulting)
  • Adeniyi Coker Consultants Limited (Real estate and construction)
  • The Nigerian Economic Summit Group (NGO)
  • Value Mart Supermarket (Retail)
  • Transweb Bureau De Change (Financial Service)
  • Wakanow Travels (Travels)
  • Vektro Food Limited (Manufacturing & Retails)
  • Orient Petroleum PLC (Oil & Gas)
  • Plus More

Ordinarily, QuickBooks POS multistore software wasn’t designed to work like that; you need to get the number of user licenses equivalent to the retail store branches. For instance, if you have 10 retail stores and 1 head office for your pharmacy or fashion business, the number of licenses needed to configure these stores and connect to the head office (remotely) is 11. Each retail stores, including the head office, must have a separate QuickBooks POS license software or else centralization won’t be possible. When we say “Centralization”, we mean, connecting all the remote or retail stores to the central head office.

Technically, for the head office POS software to receive data from various stores, the applications check the user license of the sent file and if they are the same, it will display an error message with reason “your file shares the same license with the receiving file“. But, if the user licenses are different, the file is received and are sales, purchase information at the retail store is updated on the head office POS to generate an accurate inventory quantity on hand and balance.

As a recap on QuickBooks POS software, a multi-store POS software is a front-end sales software that makes it easy for you to record inventory sales at the different retail store locations so that report can be sent to the head office POS for proper accountability and reporting.

Do you need QuickBooks POS multi-store licence, send a mail to info@accountingsoftware.com.ng or call us at 08105090001 for pricing plan.

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