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Business Glossary

Whether you’ve been running a business for years or just getting started, learn everything you need to know about starting, running, and growing your business with the POSApt Business Glossary.

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A
8 terms
Accounts Payable
Accounts Receivable
Accrual Accounting
Accounting Period
Advance Payment
Annual Report
Audit
Accounting Equation
B
3 terms
Balance Sheet
Bank Reconciliation
Break-Even Point
C
17 terms
Card Present Transaction
Card Reader
Cash Flow Statement
Chargeback
Customer Display Screen
Card Not Present (CNP)
Cash Accounting
Cash Flow
Chip and PIN
Clock In Clock Out
Contactless Payment
Conversion Rate
Cross-Selling
Customer Experience (CX)
Customer Lifetime Value (CLV)
Customer Retention
Cost of Sales
D
4 terms
Daily Sales Report
Deposit Invoice
Digital Receipt
Digital Wallet
E
3 terms
Exchange Transaction
EMV
End-of-Day Reconciliation
F
5 terms
Fiscal Year
Financial Management
Financial Reporting
Fixed Cost
Foot Traffic
G
2 terms
Gross Profit Margin
Gross Profit
I
3 terms
Invoice
Income Tax
Inventory Forecasting
L
2 terms
Loyalty Points
Low Stock Alert
M
7 terms
Mobile Payments
Markup
Merchant Account
Margin
Menu Management
Mobile POS (mPOS)
Multi-Channel Selling
N
2 terms
NFC Payments
Net Profit
O
5 terms
Online Payment
Operating Expense
Outstanding Balance
Omnichannel Retail
Order Fulfilment
P
14 terms
Payment Dispute
Payslip
POS Dashboard
Product Catalogue
Profit and Loss Statement
Payment Authorisation
Payment Settlement
Payment Status
Payroll
PCI Compliance
Petty Cash
Point of Purchase
Point of Sale (POS)
POS Encryption
Q
1 term
QR Code Payments
R
8 terms
Receipt
Recurring Invoice
Refund
Real-Time Reporting
Refund Processing
Return on Investment (ROI)
Returns Management
Revenue Tracking
S
15 terms
Sales Summary
Sole Proprietorship
Split Bill
Supply Chain
Sales Forecasting
Sales Mix
Sales Reporting
Sales Tax
Sales Volume
Settlement Time
Shift Management
Shrinkage
Split Payment
Stock Adjustment
Stock Movement
T
6 terms
Trade Creditors
Tax Deduction
Table Management
Tap to Pay
Transaction History
Turnover
U
1 term
Upselling
V
3 terms
Void Transaction
Variable Cost
Vendor Management
W
2 terms
Word-of-Mouth (WOM) Marketing
Working Capital Ratio
X
1 term
X Report (Mid-Day Report)
Z
1 term
Z Report (End-of-Day Report)