The Bar-Code Scanner; Cumulative Totals (Grand Totals); Concepts Defining The Launch Of The Euro Currency, Or Payment In A Foreign Currency; Conversion Rate - ELCOM Euro-50TE Mini User Manual

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The bar-code scanner

Equipment which ensures the scanning of a bar code. The device is used at the point-of-sale for the rapid
and accurate registering of products being purchased.

Cumulative totals (grand totals)

Cumulative totals are variables that calculate the values of all sales. Three types of grand totals are generally
known: GT1, GT2 and GT3, which are defined by Regulation no. 55/1994 Code of Laws on the method of
recording sales through electronic cash registers, as amended, as follows:
GT1 - gross turnover - this means the cumulative total of all positive values registered in the electronic
cash register (ECR).
GT2 - net turnover - is understood to be to the difference between gross turnover and negative turnover.
GT3 - negative turnover - meaning the cumulative total of all negative values (refunded items), discounts
and negative items registered in the ECR.
Concepts defining the launch of the euro currency,
or payment in a foreign currency

Conversion rate

The conversion rate is the total irrevocable fixed exchange rate between the euro and the Slovak crown,
which the Council of the Europe Union accepts according to special provisions and according to which the
currency of the Slovak Republic will be replaced by the euro from the day the euro is introduced into the
country.

Dual display

The dual display of prices, payments and other values is the depiction and introduction of prices simultaneo-
usly in the Slovak currency as well as in the euro currency exclusively according to the fixed exchange rate
and other regulations for the changeover from Slovak currency to the euro. Thus, prior to the day the euro
is launched, monetary sums presented in Slovak crowns are at the same time introduced, for informational
purposes, in euros, and from the day the euro is launched, including the day of its launch, sums presented
in euros are also, for informational purposes, shown in Slovak crowns.
Figure 1.3 – EAN Bar codes
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Figure 1.4 – Bar-code scanner.
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Introduction
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