The POS Software Blog

The POS Software Blog

News from Tower Systems about locally made POS software for specialty local retailers.

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POS software advice: It’s EOFY. A few things worth doing today.

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End of financial year is here. It always seems to sneak up, and then it’s a scramble. An hour today saves you a fortnight of it later.

First up though, take a moment, breathe. You made it through another financial year!

Run your stock listing. You want an accurate, properly valued picture of what’s on the shelves as at today. Your accountant will want it too, and pulling it together now is far easier than reconstructing it in August. If you’ve got time for a stocktake, even across just your bigger categories, do it.

Take a special backup. Capture your year-end position and keep that one separate from your daily backups. Our latest software does this for you, so if you’re on it, that box is ticked. Still worth a glance to confirm it ran.

Then there’s dead stock. Today is a good day to be honest about what isn’t selling. Stock that’s sat untouched for months isn’t an asset, it’s a shelf you’re paying for. Mark it down, bundle it, run a clearance, or send it back if your supplier takes returns. Shifting it helps your closing figure and gives you cash and room for the new year. Your POS reporting will tell you exactly what’s been dragging.

While you’re at it: reconcile your supplier accounts, chase up any laybys and outstanding customer accounts, and have a look at your best and worst sellers for the year so it feeds your buying. Tidy your loyalty data too. And if you can still get your accountant on the phone today, take the call now rather than after the books close.

One note. We are not accountants. Treat the tax side of this as a reason to ring yours, not advice from me.

Do the basics today and 1 July starts clean.

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The right POS system or website for any retail business depends on the specific needs of the business. Tower offers POS software and websites made specifically for local small business retailers in a selection of retail channels. To see if we might help you…, request a free, no-obligation demo today.  

Call 1300 662 957 in Australia or 0800 444 367 in New Zealand. Or, email sales@towersystems.com.au. 

Hey retailers: Your backup is possibly broken and you don’t know it yet

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Most retailers assume their backup is running. It’s a fair assumption because it does work most of the time. The thing is, it’s the time it doesn’t work that causes stress and loss.

Retailers set backup up once, see a confirmation somewhere, and move on. The problem shows up later — usually when they desperately need to restore data — and they find out it’s been failing quietly for months.

It happens more than you’d think. A process that worked fine gets interrupted by a software update, a network change, a setting nobody touched but somehow shifted. The confirmation messages keep appearing. The actual backup stops working. Nobody checks because it never occurs to anyone to check.

By the time it matters, the data is gone.

Tower Systems cloud backup runs continuously through the day. No end-of-day process, no manual trigger, nothing to schedule or remember. Every change made in your system is captured as it happens. Two copies — one onsite, one offsite. If your hardware dies, your premises flood, or your internet drops, the other copy is there.

That difference is real. A backup running once at midnight leaves a full day of trading exposed. A backup running perpetually through the day means the worst case is losing minutes, not hours of transactions.

We also offer a free backup check service. We test-restore your backup to confirm it’s actually working — not that it appears to be working. Those are different things. A backup you haven’t tested is not a safety net. It’s a hope. This service exists because we’ve seen too many retailers discover the hard way that what they thought was protecting them wasn’t.

Your POS data is the record of your business. Sales history, customer data, supplier records, stock on hand figures built up over years of trading. Losing it isn’t an inconvenience you recover from in an afternoon. For most small retailers it’s simply gone.

Backup doesn’t bring in new customers or lift your margin. It protects everything you’ve already built. Talk to the Tower Systems team about cloud backup and the free backup check service — both are straightforward, and one of them might save your business.

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