Cashier manage the input of order details, coordination with chef(s), packing the food or arranging the plate and collect money. Traditional restaurant rely heavily on staffing, a high traffic hawker typically need at least 3 men team to manage the cooking, packing and cashiering. Join over 25,000 businesses worldwide with best in class POS solutions to unleash the potential of your business. It is time for you to look in to your POS system and make sure it is future proof to adapt to the situation.
Our native cloud POS system enhance selling to multiple channel and give your customer seamless shopping and dining experiences with the integration with omni-channel customer engagement solutions where buying can happen anywhere anytime with same pricing and membership privilege.ĭue to the COVID-19, retail and f&b business are due to transform immediately and adapting to the new norm. The powerful analytics reports provide business owner with accurate and actionable insight to response and improvise their business operation to achieve high productivity and lower the operation cost. With real-time sales and customer data synchronisation across multiple outlets, it simplified the efforts to manage large retail chain store or multi brands/outlets restaurant. the rate allowed on computers, and observed that depreciation on POS should be allowed at the rate of 60%.EISOL POS system (Point-of-sale), Cloud-based is one of the leading POS system Singapore solutions that changing the way retail and restaurant businesses operate. BSES Rajdhani Powers Ltd., wherein the Hon’ble Delhi Court had held that the depreciation on computer peripherals should be 60%, i.e.
The court placed reliance on the case of CIT v.
#Point of sales system singapore software#
Computers including computer software (“Computer software” means any computer program recorded on any disc, tape, perforated media or other information storage device.), depreciation 60% of written down value shall be allowed.” So, as stated in New Appendix – I (rule 5) of Income Tax Rules, “5. Further, the POS machines supported data transmission and sharing through LAN and had two USB ports.Thus, the POS machines were similar to that of the computers. The POS had a process 64 mb memory and also supported MS-DOS and Micro Soft Windows. “An electronic machine by means of stored instruction and information performs rapid, often complex calculation or complies, co-relates and selects data” “Computer means any electronic magnetic, optical or any other high speed data processing device or system which performs logical and arithmetic and memory function by manipulation of magnetic or optical impulses, and include input-output processing, storage, computer, software or communication facilities which are connected or related to the computer in a computer system or computer network.”Īlso to the definition as in New Webster Dictionary as:. The bench referred to the definition of the term ‘computer’ as occurring in Section 2(1)(i) of the Information Technology Act, 2000, which reads – M/s Cannaught Plaza, the bench was concerned with the depreciation that should be allowed on Point of Sales System (hereinafter referred as POS). In a judgment delivered by ITAT, Delhi in ACIT v.