Prepared by: Graham Bell Agenda Case Study Electronic Point of Sale Transactional Analysis.

Prepared by: Graham Bell

Agenda

Case Study

Electronic Point of Sale

Transactional Analysis

Prepared by: Graham Bell

• Electronic Point of Sale (EPoS) systems are increasingly common in all areas of business, most notably the retail sector

• Systems in use range from basic Electronic Cash Register to sophisticated high end packages

• One common feature, they use electronic data and some form of computing power

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Electronic Point of SaleA Risky Business

• Electronic Point of Sales data forms part of the business records used to create VAT and Direct taxes returns

• There are a range of risks attached to the use of electronic data systems as data may be manipulated by the user

• HMRC requires assurance that traders’ systems and processes are operating correctly

• Systems normally create hard copy reports e.g. Sales Receipts requiring manual audit. Electronic data provides scope for a more comprehensive alternative E Audit

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Sample of systems in use

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ReportsTypically reports might include:

• Sales Transactions Z1 – Daily Sales Transactions

• Ordering – Orders and Customer Accounts

• Delivery – Delivery Control Input/Recall Orders

• Electronic Funds Transfer – Card Payments

• Stock Monitoring– Measures Stock Usage

• Accounting Interface – Discounts, Tax, Media

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Data Acquisition and Analysis

• Generically most EPoS systems will use front end software sitting on a Data Base Management system such as SQL or Microsoft Access

• Reports can normally be generated but may be cumbersome and can lead to system down time

• An alternative is to acquire the underlying raw data

• IDEA supports Open Data Base Connectivity (ODBC) and data can normally be imported from suitable sources by this method

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Data Acquisition and Analysis:The Case Study

• HMRC have an expanding field of expertise in the area of data analysis from EPoS sources

• The case study you are about to see is an example of our work

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Tools and Techniques

• IDEA (Interactive Data Extraction & Analysis) Tool

• Tool of choice to import and analyse data

• Most type of reports can readily imported using the Import Assistant capabilities

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Any Questions ?

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Thank You

Graham Bell | Data Handling Specialist | Scottish Data Handling Specialist Team | HM Revenue & Customs | Local Compliance Scotland |Tel 03000 551174