The POS Software Blog

The POS Software Blog

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

Tagstocktake

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

June 30, 2026
2 Min read
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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.

…

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. 

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Free POS software training from Tower Systems. Still free, still regular.

June 29, 2026
2 Min read
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Most POS software companies sell you the software and leave you to work it out. Tower Systems doesn’t. We run free training for our customers, on a regular schedule, and we have done for years.

Training long after you have started using POS software is valuable. We know and this is why we continue to offer free training to our customers.

This isn’t a one-off or a sweetener to close a sale. It’s an ongoing part of being a Tower Systems customer. Sessions run often enough that you can pick the topic you need, when you need it, rather than waiting for an annual roadshow.

The part people value most is the Q&A. You’re not watching a recording. There’s a real person running the session, and you can ask your own question about your own shop and get an answer on the spot. That’s rare. A lot of companies charge for it, or don’t offer it at all.

The training suits everyone. New staff finding their feet on the counter. Owners who want to use a part of the software they’ve never touched. People who’ve used Tower for years and want to sharpen up on the features added since they last looked.

Here’s what’s coming up.

  • Getting more from your sales reporting
  • Stock control that actually saves you money
  • Running a stocktake without closing the doors
  • Managing repairs and the jobs that come with them
  • Tracking the KPIs that tell you how the shop is really going
  • Loyalty and customer marketing built into your POS
  • New features you may have missed in recent updates

Topics rotate, so if the one you want isn’t listed this round, it’ll come around again. You can also tell us what you’d like covered. A lot of our sessions started life as a customer request.

It costs you nothing. It’s there because retailers who understand their software run better businesses, and that’s good for everyone. The shops that get the most out of Tower are almost always the ones that turn up to a session or two a year.

Click here to see the full list of sessions.

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Hey retailers: Why paying for a stocktake is usually a mistake

June 22, 2026
2 Min read
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Most external stocktaking services work manually. Clipboards, hand counts, a spreadsheet sent through when they’re done. It looks thorough. It costs real money. For most independent retailers it’s the wrong tool for the job.

Your stocktake is about the operational future of your business, not merely some accounting function.

A manual stocktake is an accounting exercise for sure. It produces a stock valuation at a point in time — useful for your accountant, useless for your POS system. Your on-hand quantities stay wrong. Your reorder triggers stay unreliable. Your buying stays based on gut feel rather than what the data actually shows.

Stocktaking is an inventory management job. It belongs inside your POS software. When you count through the system, you correct the discrepancies that build up through normal trading — unscanned returns, receiving errors, theft, the odd mistake at the register. The software gets an accurate picture of what you have. That flows through to purchasing, ranging, shrinkage tracking, and the AI tools built into modern retail software.

That last point matters more than it used to. The smarter features in retail POS — demand forecasting, slow-mover flags, reorder suggestions, margin analysis — all depend on the data behind them. Accurate stock figures produce useful outputs. Wrong figures produce noise. A POS-based stocktake is one of the most direct ways to improve everything your software does.

External stocktakers aren’t always the wrong answer. If they’ll work inside your POS rather than around it, that can work fine. Ask before you book: will this improve my POS inventory data, or just give my accountant a number?

If it’s the latter, spend the money elsewhere. Train a staff member. Block out a Saturday. Count through the system you use every day. It takes more effort upfront and pays back every time your software makes a better call because it knows what’s actually on the shelf.

Get the stocktake right in your POS software and you set your business up for good decision-making and valuable portability because of this. That’s what we see in our years of service local small retail businesses.

Take your time. Do the work. reap the rewards.

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Learning from a stocktake Q&A

June 18, 2026
2 Min read
L

Here’s a video of a stocktake Q&A with a retailer earlier this week. It’s live on our YouTube channel:

A stocktake is one of the most useful things a retailer can do. It’s also one of the most put off. This session is about both — why accurate stock data matters and how to get it done.

We recorded this on June 16, 2026, as part of the Tower Systems library of practical support for independent retailers. We cover spot stocktakes and full store stocktakes, walk through security, talk about taking a backup before you start, and draw on experience from doing stocktakes in shops we’ve owned and run ourselves. We also answer questions from a retailer thinking through what they want to achieve in their own store.

This advice works for any small business retailer, not only those using Tower Systems software. The recording is part of a broad suite of stocktake advice and tools we provide to local small business retailers, to help them get this done accurately and efficiently. The education we offer is foundational.

Accurate stock on hand data changes what you can see in your business. You find the dead stock sitting in a back room that the system still thinks is sellable. You spot the gap between what your records show and what’s physically on the shelf. You get category performance data you can actually trust. From there, your reports mean more, year-on-year comparisons hold up, and if you’re feeding stock data into AI tools, the outputs are useful rather than misleading.

Tower Systems customers can access this session through the knowledge base, the chatbot, the training video library, or directly through the help desk. Stocktaking comes up constantly in support conversations, which is why we’ve built a substantial amount of material around it. Retailers who understand stocktake well get more out of everything else the software does.

Tower Systems builds and supports POS software for local specialty retailers — newsagents, gift shops, garden centres, jewellers, bike shops, bookshops, toy shops, pet shops, produce businesses, farm supply stores, fishing shops, haberdashery, antique shops, charity retailers, and more.

Find out more at towersystems.com.au.

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Why clean stock data is the foundation for your best financial year yet

June 9, 2026
3 Min read
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It is 9 June. Nine days into the final month of the financial year, and it is worth asking: how many independent retailers have turned their mind to a stocktake?

The old pressure was simple. A physical count by 30 June was a hard requirement. Accountants insisted on it, compliance drove it, and an entire industry of professional stocktakers moved from store to store making sure the stock-on-hand figure was right.

POS software changed that. As inventory tracking improved and ATO requirements evolved, the hard deadline softened. Businesses could track stock dynamically rather than count it once a year. Useful — but that shift brought a problem most retailers do not notice until it matters.

Data drift is quiet and cumulative

In a busy retail environment, stock-on-hand figures slip. A small error when receiving a supplier invoice. A return that does not get recorded. Theft, damage, shrinkage — none of it logged at the time. Each instance is minor. Over months, the gap between what your system says and what is actually on the shelf can be significant.

The compliance pressure around 30 June has eased. The cost of inaccurate data has not.

Why it matters more now

Automated reordering and AI-driven insights both depend on clean data. If your POS is making replenishment decisions against stock figures that have drifted, it is ordering against fiction. If you want AI tools to surface what is genuinely performing, the underlying data has to reflect reality. Predictive tools are only as useful as the information they work from.

This is why Tower Systems treats 30 June 2026 as a business capability date, not just a tax one.

A stocktake does not have to be an event

Tower Systems POS supports several approaches:

  • Rolling stocktakes — count a shelf, a category, or one supplier at a time
  • Sectional counting — break the shop into sections and work through it over several days
  • Full counts — complete the whole store in a single pass if that is preferred

No need to close the doors or run an overnight operation.

22 days to go

The 2026/27 financial year starts in 22 days. Retailers who go into it with verified stock data are better placed — for reordering, for reporting, for making decisions based on what is real rather than what the system guessed.

The Tower Systems support and training teams are available now. If your stock data needs attention, this is the month.

towersystems.com.au | 1300 662 957

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Retail Data is More Valuable Than Most Small Business Retailers Think

June 2, 2026
2 Min read
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Most independent retailers, small business retailers,  think of their point of sale software as a tool for processing sales and printing receipts. That view is increasingly out of date.

The way consumers discover and buy products is changing faster than most small business owners realise. AI-powered search, conversational commerce tools, and new technical standards like the Universal Commerce Protocol are reshaping how product data flows between retailers, platforms, and customers. In this environment, the quality of your retail data is a direct competitive advantage.

Start with your stock file. If your inventory data is inaccurate — wrong quantities, missing descriptions, outdated pricing — that problem does not stay contained to your stockroom. It flows through to your e-commerce platform, your AI search visibility, and ultimately the decisions you make about what to buy and what to drop. An accurate stocktake before 30 June is not just a compliance task. It is the foundation everything else depends on.

Your e-commerce presence matters more than ever. Shopify and similar platforms are actively adapting to emerging AI commerce standards. But a Shopify store only performs well when it is fed clean, structured data from a POS system that integrates properly. A patched-together connection between your in-store and online operations creates gaps — gaps where sales fall through and where your products fail to surface in the channels your customers are now using.

The Universal Commerce Protocol formalises this further. UCP is designed to create a common language between platforms, AI agents, and retailers. It sounds technical, and it is. But the practical implication for independent retailers is simple: the businesses with well-structured product data, connected systems, and accurate inventory will be discoverable. Those with messy data, siloed platforms, and outdated stock files will not.

None of this requires a large budget or a technology team. It requires a POS system built for independent retail, a genuine Shopify integration, and the discipline to keep your data clean.

Tower Systems has been building point of sale software for independent Australian retailers for over 40 years. The tools are there. The question is whether your data is ready to do the work you need it to do.

If you want to understand where your technology stack stands, call us on 1300 662 957 or email sales@towersystems.com.au.

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Why we are focused on stocktake in June — and what it means for your business

June 1, 2026
3 Min read
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June 1 marks the start of our stocktake mission.

For the next 30 days, we are focused on helping local independent retailers get their stock data accurate and up to date. Not because stocktake is glamorous work — it is not — but because what comes after it matters enormously.

The AI opportunity is real, but it has a condition

Tower Systems POS software now surfaces AI-powered insights to help retailers make better decisions. Which lines to reorder. Where margin is leaking. What dead stock is quietly draining cash. Which categories are growing and which are fading.

These insights are genuinely useful. We see retailers using them to make smarter buying decisions, manage cash more carefully, and evolve their product mix with confidence.

But they depend entirely on one thing: accurate stock on hand data.

Feed the software clean data and it works hard for you. Feed it inaccurate data and the insights are unreliable — and unreliable insights can lead to poor decisions that cost real money.

June is the right moment

With EOFY on June 30, this month already prompts retailers to look closely at their numbers. We want to make the most of that momentum.

A stocktake done well in June delivers three things at once. Clean data for your end of year reporting. A clear picture of what to carry into the new financial year. And a foundation from which your software — and its AI tools — can actually do their job.

You do not have to count everything at once. Tower Systems makes it easy to count in sections — a category today, a supplier range tomorrow. Little and often is enough. By June 30 the data can be in good shape.

What we are doing to help

Throughout June we will be sharing practical guidance direct with our customers via email, in our private forum and in human contact on how to get the most from stocktake in Tower Systems — tips, reminders, and real examples from retailers who have done this and seen the difference it makes.

We are also here if you need support. Our team — based across Australia and New Zealand — is ready to help you through the process.

The retailers making the best use of their software are almost always the ones with accurate data. That is not a coincidence. It is cause and effect.

June 1 is the right day to start.

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Laugh about stocktakes

May 30, 2026
2 Min read
L

As we’re heading into June, the most stocktaker tend to get done, take a moment for a laugh:

“I did a stocktake last week. Turns out I have more excuses than stock.”

“Stocktake time. The one day of the year you find out exactly how many of those have been sitting there since 2019.”

“We did the stocktake. The good news is we know exactly what we have. The bad news is we know exactly what we have.”

“Stocktake is just retail therapy in reverse. Instead of buying things you don’t need, you count things you forgot you had.”

“Asked the team to help with stocktake. Suddenly everyone had a appointment.”

Yes, they are lame, but they are the jokes we have.

Stocktaking is valuable work, serious work. get it right, and you profit. Ignore it, and you for sure lose money.

Beyond the jokes, focus on thew rock and profit!

Here at Tower Systems we can help.

The joke we like is:

We did the stocktake. The good news is we know exactly what we have. The bad news is we know exactly what we have.

Every retailer has been there. The stocktake does not lie — and that is exactly the point. Start with your highest-value categories, or the ranges you are least sure about. Count them, update Tower Systems, and run a dead stock report. What comes back might surprise you. One retailer found $20,000 worth of stock they had forgotten about. Clean data changes what you can see — and what you can act on.

June is the month. Start today. towersystems.com.au

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Garbage In, Garbage Out: How to Know if Your Retail Stock Data is Actually Accurate

May 27, 2026
3 Min read
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A POS system reflects what you put into it. Feed it bad data and every report it produces is wrong. That might sound obvious, but in a busy retail environment — where stock arrives daily, staff turn over, and returns pile up — inventory data degrades faster than most retailers realise.

Poor data costs real money. It means stockouts on best-sellers, cash locked up in product that will not move, and numbers you cannot make decisions from. You do not have to guess whether your stock-on-hand figures are right. There are practical ways to check, and the right tools make staying accurate far less work than most people expect.

The stocktake: still the gold standard

Nothing confirms inventory accuracy like a physical count. Closing the shop for a full weekend count is not necessary anymore.

Tower Systems supports targeted rolling stocktakes on a specific shelf, category, or supplier group. Run them during quiet trading periods — before opening, after a delivery, or during a slow mid-week afternoon. Small, frequent counts catch discrepancies early, before they distort your buying decisions and margin reports. A full-store stocktake a couple of times a year, combined with regular section counts, gives you a solid base to work from.

Stop errors at the back door: AI invoice import

A lot of bad retail data enters at inward goods. Manual entry of cost prices, supplier codes, and product descriptions from paper invoices introduces typos. Every time. It is not a staff problem — it is a process problem.

Tower Systems has an AI Invoice Import tool built directly into the software. It reads digital PDFs, spreadsheets, supplier accounting exports, and even photos of printed invoices, then matches items and imports the data without manual entry. Fewer keystrokes means fewer mistakes, and fewer mistakes means stock counts you can trust.

Two daily habits that hold it all together

Systems help, but discipline matters too.

Track every sale individually. Generic open-department keys destroy stock counts over time and make category reporting worthless. Process returns at the time they happen — scanning them back in later means the numbers are wrong in the gap, sometimes for days.

Neither habit takes long. Both make a material difference.

The bottom line

Every manual entry is a risk. Every workaround compounds the problem. Rolling stocktakes and automated invoice importing reduce human handling of data, and less handling means fewer errors. When the data is right, you buy better, you waste less, and your reports tell you something useful.

Find out more at www.towersystems.com.au.

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