Can I get Ramsys on a monthly plan rather than an upfront purchase
All 3 Point of Sales (Enterprise/Hospitality/Premium) are available as an upfront purchase or as a SAAS plan where the cost of the software, support and upgrade pretection is included in a sigle monthly payment.
Head Office evolution is only available on an up front cost SAAS (Software as a service) licence module.
Does Ramsys support integrated EftPOS
Yes! Ramsys supports and is certified for the following integrated EftPOS solutions
1. VeriFone Vault
3. SmartPay SmartConnect
4. DPS Payment Express
5. DPS SSL Client (Card not present Transactions)
6. Skyzer Nitro
7. Ingenico EftPOS (Australia)
I have a single Store, can I use Ramsys.
Yes! You may use the enterprise module with a single store, this allows you to use POS and Head Office Evolution. If you add other stores you can easily do this.
We also have the Premium POS. this POS does not require Head Office - all functions are available at the POS. With the premium version we can also provide a secure, easy remote access feature for you to access your POS from anywhere there is an internet connection.
I use Head Office Evolution can I host my other applications this way
if you have other applications such as MYOB or perhaps a specialised app developed for your business in most cases these can be installed on the same server giving you the same easy access, backup, security and stable windows environment you enjoy with Ramsys.
This will also help any integrations you have between Ramsys and these applications.
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What Versions of Windows does Ramsys run on.
Ramsys will run on any version of Window from 95 to 10 as well as NT4, all server editions and WEPOS.
The installer will not allow you to install on Windows 95/98/ME/NT4 however as these editions will cause many issues with other applications Ramsys may be expected to run with (ie integrated EftPOS)
It is advised if possible to avoid Vista and Windows 8 as these systems have 'issues' that will cause frustrations for you in any application you are running.
Windows 10 is the preferred Operating system
What is Average (Weighted) Costing
Also known as the weighted average, the average cost method is an inventory costing method in which the cost of each item in an inventory is calculated on the basis of the average cost of all goods of this type in the inventory.
The average cost method is calculated by dividing the cost of goods in inventory by the total number of items available for sale once receipted.
To calculate the total cost of goods different companies use one of three inventory cost methods – First In First Out(FIFO), Last in First Out (LIFO), and Average Cost method.
Average Cost Method Example
The average cost method takes the average price of all the goods in stock, regardless of purchase date, and this value represents the cost of goods sold in the income statement.
. The current cost of an item is $40, there is 10 in stock = $400 worth of stock
. You are reciepting 5 items at $45 each due to an increase in cost = $225 stock being added
. This means we now have $625 total stock and 15 on hand
. The new average cost of this item is 41.67 (625 value of stock/15 items on hand)
The average cost method requires little labor to apply, acceptable to IRD and is therefore, the least expensive of all the methods. In addition to the simplicity of applying the average cost method, income cannot be as easily manipulated as with the other inventory costing methods. Companies that sell products that are indistinguishable from each other or that find it difficult to find the cost associated with individual units prefer to use the average cost method. This also helps when there are large volumes of similar items moving through inventory, making it time consuming to track each individual item.