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P R O M O T I N Progressive Discipline:AP O S I T I V ES C H O LC L I M A TE Part of Ontario's approach to making schools safe places to learn safe and accepting learning environment is essential
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POSI stands for Point of Sale Inventory. It is the process of tracking the inventory levels of products as they are sold.
Retailers, businesses, and individuals who sell products are required to file POSI to track their inventory accurately.
POS system software can be used to input sales data and update inventory levels automatically. Manual methods involve recording sales and updating inventory manually.
The purpose of POSI is to ensure accurate tracking of inventory levels, optimize stock management, and improve the overall efficiency of sales operations.
Information such as product name, quantity sold, sales price, time of sale, and remaining inventory levels must be reported on POSI.
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