Restaurant POS Integration with FBR in Pakistan Online
Introduction
A restaurant POS system is the most preferred payment method among retailers. It not only eliminates manual and tedious tasks of payment calculation, discount, and return but also speeds up the checkout processes. In most restaurants, a POS system integrates with customer relationship management programs (CRM) to provide automated sales and customer data. You can use these Restaurant POS integration software programs in your restaurant business to increase efficiency and profits.
What is a Restaurant POS System?
Before moving any further, let's have a close look at the Restaurant POS System. Basically, a POS system is an electronic system that helps in carrying out payment transactions and billing. The system helps in faster payment transactions and completely eliminates the need for manual calculations. To facilitate and track online sales data and inventory records, businesses are using POS system platforms these days.
When discussing POS systems for restaurants, it provides complete data on the overall business transactions. The system tracks sales, print invoices, and payment reports. POS system scans the barcodes or QR codes during checkout. The inventory management feature of the software enables you to update the stock/inventory levels in real-time.
A Restaurant POS integration system is designed to meet the needs of a restaurant. The system helps the restaurant to manage the following things;
- Tabletop customer orders
- Inventory management
- Analytics and Reporting
- Order management for online & offline orders
- Sales insight
- Customer experience and loyalty
Benefits of POS Integration with FBR
As POS itself comes up with a bundle of advantages for your restaurant business, however integrating it with the FBR brings more prospects to your company.
Tax-paying is one of the most critical aspects of any business. With Restaurant POS integration with FBR, you can overcome the cumbersome tasks of calculation of taxation. Automation enables retailers and business owners to operate their activities efficiently without investing in extra human capital. Once the organization’s POS system is linked with the FBR, the retailers simply upload the sales invoices that will automatically show the overall sales of the outlet. The FBR server then deducts the taxation cost ultimately.
However, it must be noted that the integration process is not an easy task. Failing to integrate your sales report into the FBR POS integration system may lead to considerable penalties. Therefore, CornPOS provides its complete solution to provide fully-operative and seamless integration.
Choosing CornPOS for Restaurant POS Integration with FBR
Integrating the Restaurant POS with FBR has become essential these days. You can browse the list of retailers and service providers in the country which are approved by FBR. If you are hunting for a trusted tech-savvy service provider, CornPOS is the best choice that promises to offer end-to-end integration services through its single platform.
CornPOS is the platform that offers affordable and easy solutions to help you link your restaurant POS system with the FBR.
As taxes vary from one product to another, it becomes difficult for retailers to report sales and pay taxes accordingly. CornPOS therefore comes forward to help businesses as all the sales transactions are automated. The system has all the key features needed to process fiscal data for taxation.
Here are some of the benefits of CornPOS Integration with FBR for restaurants;
- CornPOS is an all-in-one retail management software solution that is designed to make your business tasks easier than ever. Get rid of tedious manual tax calculations and paperwork, since Restaurant FBR POS integration can perform all these necessary and confidential transactions on its own.
- Restaurant POS Integration with FBR joins Tier-1 retailer's POS systems with FBR through online servers.
- When a sale is done, the POS system automatically generates a QR code.
- The code is available on the customer invoice.
- Tax Asaan App is designed to help you verify whether the tax is paid or not.
- Restaurant POS Integration with FBR helps retailers minimize their expenditures since the system generates and stores sales tax return data automatically.
- The success of the Restaurant POS Integration with FBR can be observed by seeing that hundreds of retail outlets are using it all across the country.
How FBR POS Invoicing System Work?
Well, the process of FBR integrated POS system is not complex. It starts after the customer ends his dining and reaches the checkout counter. The system creates a customer invoice and then it is requested to generate FBR invoice no. Once the FBR invoice is developed, the restaurant's sales data is automatically synchronized with the FBR system. The invoice is printed with a unique QR code. Through the official app “Tax Asaan Application”, customers can use the FBR QR code to verify the tax deduction.
Importance of FBR-Approved Business in Pakistan
As stated above, Restaurant POS Integration with FBR has become mandatory for all Tier-1 businesses. Running a restaurant in Pakistan with this integrated solution can put forward your business towards real-time digitalization and monitoring. We can say that the Restaurant POS Integration with FBR is not a compulsion but a positive step toward the growth and credibility of all Tier-1 retailers in Pakistan.
Businesses which are FBR-approved can gain the following advantages;
- If your restaurant is registered with FBR, you can apply for bank loans as well. To run a successful business, you might need to raise capital and invest in further business undertakings. Restaurant POS Integration with FBR allows you to get easy loans whenever required as you have been paying taxes and are known as a trusted retailer.
- Restaurant POS Integration with FBR also benefits you with the increased customer base. How? Well, finding potential customers is not easy in this competitive restaurant industry. However, when a customer knows that you are registered with FRB and running a credible system of payments and taxation, they will trust you more.
- As FBR approves them, the restaurant business finds it easier to collaborate with new suppliers and dealers. It further opens up new growth opportunities as other retailers and dealers consider you trustworthy.
Outcomes of Restaurant POS Integration with FBR
Restaurant FBR POS integration makes your business more credible. If you are already running a restaurant business in Pakistan, or planning to start a new venture, your priority should be using a trusted POS system that must be integrated with FBR. Not only it increase your credibility in the eyes of the customers, but it will also help you deal with operational tasks much more easily.