An online cash register can be purchased or rented. A fiscal storage device (FSD) is typically purchased separately, but sometimes it comes with the cash register. It must be replaced every 1-3 years , as its memory will run out. How quickly the FSD memory runs out depends on the company and the type of taxation.
See also: 20 Best Online Cash Registers for Online Stores
How an online cash register works
The cash register operates on the following principle:
The seller scans or manually enters information about the product or service into the cash register and pays the customer.
The online cash register prints a receipt. kenya cell phone database Information about the transaction is transmitted to the fiscal drive.
The data from the storage device is sent to the fiscal data operator (OFD), which processes it and sends it to the tax office.
The client is given a paper receipt and, at his request, also an electronic version of the receipt.
The online cash register can be integrated with the company's accounting system. This allows for automatic transfer of sales data for accounting, simplifying bookkeeping and reducing the likelihood of errors.
Types of online cash registers
It's used when cash register software is already in place and all that's missing is a chip that will store data and transmit it to the tax authority. To use it, it simply needs to be connected to a computer or phone.