answersLogoWhite

0


Best Answer

It is the moment where the register immediately takes the cash from your back account. This is what a point of sale refers to. I hope that this will help you out.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: When is considered the point of sale during a transaction?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is point of sale hyphenated?

Point of sale is a business term used to describe when the retail transaction is complete. The phrase "point of sale" is not hyphenated.


What is a point sale machine?

Point Of Sale (POS) machine is a terminal or part of the checkout process that processes credit or debit cards and finalizes the transaction.


Is a sale of an irrevocable investment trust considered an arm's length transaction?

lol and urumm


What is meant in retail by the 'point of sale'?

In retail stores the point of sale is where the final transaction is made and completed. This means when a cash desk, cashier or automatic cashier totals up the bill and one pays the final amount, this is the point of sale.


What is the point of sale and what does that really mean?

Point of sale is the system which a store uses to record the purchases of the store's customers. This can be done on registers or a computer system that makes records of each transaction.


What is the definition of Point Of Sales?

The definition of Point of Sales, according to Wikipedia, is the location where a sale transaction is actually completed between a merchant and a buyer.


What does cmm pos de stand for?

CMM POS DE stands for Coordinate Measuring Machine Point of Sale Data Entry. It refers to the process of entering data into a system from a Coordinate Measuring Machine during a point-of-sale transaction.


What is an affidavit of sale?

An affidavit of sale or bill of sale is a document that records a transaction. All parties involved in the transaction must sign this document.


What is a point of sale machine?

Point Of Sale (POS) machine is a terminal or part of the checkout process that processes credit or debit cards and finalizes the transaction.


Are companies expected to provide order fulfillment?

An initial inquiry made to a company results in the purchase of a product; the expectation of the consumer is that the product will be delivered. This is considered a point of sale transaction, which is no different than a face-to-face transactionis. Yes.


What do you mean by Cash Memo?

a cash memo is a document prepared by the seller and given to the buyer during a purchase or sale transaction


What is a point of sales?

a point of sale is the place where the sales-transaction (the exchange of goods/services for money, etc) occurs. can be virtually anywhere but depends on goods/services being offered.