QuickBooks POS Lite, Powered by Revel Systems

Intuit has released a new product for sale today that has a name almost as long as it is exciting. QuickBooks Point of Sale Lite, Powered by Revel Systems is a modular product based entirely off of the full POS solution, all in attempt to reduce the pricing of both hardware and the monthly fee. Out of the box, this new solution has every basic POS function a QSR or retailer would need to sell, but the immense list of functionality that is within QuickBooks Point of Sale, Powered by Revel Systems becomes modular by providing you the ability to turn certain functions on (for a price, that is). We believe this is a wonderful move on Intuit’s part. QuickBooks has historically dominated in the small to medium business market, which deems a large amount of the offered functionality in Revel untapped and unused, despite having you still pay for it. This way, if you simply want to sell and track inventory, you can pay for simply that. If you need a little extra reporting, CRM and employee tracking, those blocks are at your beckoning.

Hardware

Bundle 1 – $999 + $49/month + MS Attach + Optional Add-ons, includes the following hardware

  • iPad Mini
  • Stand
  • IPP350
  • Epson T20
  • Router/AP
  • 13×13 Cash Drawer

Bundle 2 – $1199 + $49/month + MS Attach + Optional Add-ons

  • iPad Air 1
  • Stand
  • IPP350
  • Epson T20
  • Router/AP
  • 13×13 Cash Drawer

Screen Shot 2015-09-21 at 1.15.16 PM

What does QuickBooks POS Lite, Powered by Revel Systems include?

  • overview reports
    • sales summary
    • product mix
    • order history
    • payment summary
    • discount & voids
    • pay-outs & pay-ins
    • tax report
    • till report
  • products
    • products
    • custom menu
    • up-sell combos
    • product groups
    • modifiers
    • classes
    • discounts
    • taxes
  • employees tab
    • employees
    • roles
    • role permissions
  • settings
    • basic pos settings
    • receipts
    • payments
    • timetables
    • idle animation
    • QuickBooks (purchased separately)
    • revenue centers

What does it not include?

  • Inventory Module
  • CRM Module
  • Loyalty Module
  • Giftcard module
  • Vendor and PO Module
  • Schedule Tab Module
  • Catering Module
  • Reservations Module
  • Delivery Management Module

What can you add-on?

Screen Shot 2015-09-21 at 1.15.04 PM

Some Caveats

  • Intuit’s Point of Sale Merchant Service is required to purchase QBRevel Lite
  • Promos cannot be applied
  • QBRevel Lite bundle included 1 terminal only
  • QBRevel lite is limited to only 1 establishment

Summary

Intuit describes their new offering as, “a lower cost, more simplified product version of the current QBRevel Product, targeted towards micro/small establishments that require more basic POS functionalities.” This seems to be very accurate in what we’ve seen, and helps diversify the product. We hope this is of interest to many of you out there. If that’s the case, comment below or send us a message, we’d love to hear your thoughts.

Posted in Uncategorized.

4 Comments

    • I know! I believe they wanted some supplemental research before making the marketing move towards a lite version.

      Thanks for your comment, Steve! We appreciate hearing your voice!

  1. Is there any possibility of adapting to “chip and pin” technology? This tech is prevelent in non-US markets (like canada) and they cannot even use squareup with chip and pin.

    The more general question is can I bring my own merchant account if I’ve managed to wrangle a decent relationship with one of those guys to this Intuit-Revel product? Is there a way of using it without a pre established merchant account, similar to the way squareup helps people do transactions with basically squareup themselves as the merchant provider? Relationships with a merchant account provider can be fraught with fees and little receptivity during a charge back situation.

    Background. The credit cards that Canadians and I believe many Europeans carry have for years had a chip in them and the ability to type in their pin at the retailer in order for the transaction to go through. Retailers are protected from fraud because, even if a person has stolen someone’s wallet, they cannot use their chip and pin card since they don’t know the pin.

    • Hi Katherine,

      Good to hear from you!

      EMV compliance is a very hot topic in our world as many POS software vendors are busy upgrading their applications to be compliant. We have a blog article on this topic: http://www.bcents.biz/emv-the-whowhatwhenwherewhy/. Keep in mind that this initial round of compliance is for card present scenarios and does not impact eCommerce or wholesale type sales where credit card numbers are manually entered or pulled from the customer’s list of valid cards (PCI compliant, of course). EMV compliance comes down to three things: 1) the credit card device must be able to “dip” the credit card, 2) the merchant service must be able to process these transactions, 3) the POS software (if not using just a credit card terminal disconnected from POS software) must be able to communicate appropriately with the merchant service.

      POS software applications only work with particular merchant processors or gateways. For example, in the U.S., Revel works with Intuit Payments, Mercury, PayPal, Freedom Pay, WorldPay; and then others outside of the U.S. Of these payment gateways. The ones I know will be fully EMV compliant are Intuit Payments and Mercury, as long as they are using an EMV compliant and compatible device, e.g. IPP350 or Dejavoo. It is possible the others are compliant too – just don’t know much about them. We work with other POS software and they have their own list of payment gateways that are compliant.

      Squareup is an interesting merchant service provider. They were one of the first to offer a flat rate plan. They are a great entry level processor for the low volume, low dollar merchants but not so great for the traditional retailer or eCommerce platform.

      Merchant services is a confusing industry. It is very competitive and at times can be somewhat cut-throat, which it difficult for the merchant to discern a good deal from a bad one – from length of contract and to what really and truly are the rates. One must read between the lines.

      I could go on….

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