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Using pointofsale data to examine tobacco pricing across neighbourhoods in Scotland Niamh K Shortt ,1 Helena Tunstall,1 Richard Mitchell,2 Emma Coombes,3 Andy Jones,3 Garth Reid,4 Jamie Pearce 1 Abstract
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Collect the point-of-sale data from sales transactions.
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Organize the data into relevant categories such as products, sales volume, and transaction dates.
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Using point-of-sale data refers to the practice of collecting and analyzing transaction data captured at the point of sale to generate insights, improve inventory management, and enhance customer experience.
Businesses and retailers that process transactions through point-of-sale systems are generally required to file using point-of-sale data, particularly for tax reporting and compliance purposes.
To fill out using point-of-sale data, businesses should gather transaction data, categorize the information appropriately, and complete any required forms or reports accurately reflecting the sales activities.
The purpose of using point-of-sale data is to streamline financial reporting, ensure compliance with tax obligations, analyze sales trends, and optimize business operations and strategies.
Information that must be reported includes total sales, transaction details, taxes collected, refunds processed, and any applicable discounts or promotions.
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