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If your retail business turns over less than $2M a year you are not required to undertake a stock take. Click here for the ATO advice.

There are several ways to calculate trading stock. One way is to do a stock take. Our POS software can help any retailer undertake this. Another way is to track all goods inwards and all goods outwards (sold). Depending on your theft situation this leaves you with an accurate understanding of stock.

To check parts of your business, to see whether theft is an issue, you can easily do a spot stock take of part of this business. In a short time this can indicate whether a full stock take is necessary.

Offering a range of options in the stock take area, Tower Systems serves the needs of retailers with flexibility and compliance in terms of the tax office requirements.

We mention this today to provide clarity on what is required of retailers in terms of stock takes.

Of course, some from the lunatic fringe will say we are wrong. We are certain of our advice as we have spoken with the ATO directly as well as with a CPA. Our advice is sound. But we have a warning: this advice is appropriate if you use smart POS software properly. Our software is appropriate as it manages inventory on hand in a manner sought by the ATO.

The reaction to the latest mobile version of our POS software company website has been terrific.

Launched weeks ago, the new mobile website automatically loads when it detects website access via a mobile device.

being a technology company, how we represent ourselves publicly speaks to the relevance of our software and services to the businesses we serve.

The latest mobile website innovation is leading edge. It makes us proud.

All the functionality a POS software user could want is available from the website.

Mark Fletcher, the owner of Tower Systems, is in the UK for the Harrogate Home & Gift Fair 2015. This international fair attracts exhibitors and attendees from around the world.

We are participating by invitation by suppliers with whom we already partner on behalf of retailers see serve using our POS software.

One outcome from participation of the fair is expected to be more help through the Tower software for retailers selling products from suppliers at the fair.

Participating events like Harrogate provide valuable eye-opening opportunities.

You guys are awesome and your software is awesomer.

This has to be the quote of the year from one of our customers. It makes us proud that we have made someone so happy.

The comment came about because we have helped a business get into our software and see that not all POS software companies are the same.

The thrill came when they saw what they could earn about their business from our software. A short time and they are loving outcomes being achieved.

We’re here to help.

That’s out motto. We believe it and live it through our cations with and for our customers.

Small business retailers in the niche retail channels of gift shops, garden centres, jewellers, bike retailers, newsagents, homewares shops and several others can rely on the Tower Systems POS software to improve their situation. here are some of the ways retailers tell us they benefit by using the software:

1. Guide shoppers to spend more in a visit.
2. Attract shoppers to return to the business more often.
3. Reduce dead stock.
4. Reduce theft.
5. Streamline selling.
6. Reduce mistakes in sales processing by eliminating double handling.
7. Better manage employee time.
8. Better manage supplier relationships through buying based on facts and not emotion.
9. More effectively plan for the future of the business thanks to access to accurate data.
10. See things in your business that you may miss today.
11. Offer a professional experience with personalised attractive receipts, personalised attractive gift certificates, structured Lay-By and a data driven approach to ordering.
12. We bring structure and ease to the end of shift balancing process.
13. You can easily manage catalogue and promotional pricing as well as bundled deals and through this drive sales.
14. There are 100+ reports on which you can rely to assess the business. However, the reality is you will fall in love with two or three reports and rely on these.

We are thrilled with the results of the Gift HQ trade show in Brisbane over the weekend to last night. We connected with many businesses that can benefit from what we offer through our Point of Sale software and our customer service facilities. Having specialist software for each of several niche retail channels helped us serve a broader range of the visitors to the fair.

We also met existing customers to share new facilities in our software.

Gift HQ has been an important extension to our Queensland presence and service. We are grateful of the opportunity to participate.