Introduction in Accounting System for Sari-Sari Stores Essay

A. IntroductionSari-sari depot is the term used in the Philippines for low-pitched convenience bloodline. It is from the tagalog word sari-sari which means variety. Such stores form authoritative economic and social location in the Filipino community. It is present in al roughly all neighborhoods, sometimes in every street.The store is oftentimes attached to or part of the owners house solely it may to a fault be a freestanding store tho in front of the owners house. Many stores have advert material alongside the store name on the signboards. Sari-sari stores vary in appearance but they all have certain traits in common. First, the customers do not enter the store during the transaction. It is only through a junior-grade window and sometimes it has a long counter in front.Items are beingness displayed by hanging some of it from the ceiling, or it can be on the walls and in front of the store to save space and so that items can easily be seen by customers. Candies and other s mall items exchange by pieces are placed in transparent jars and are ordered mostly in front. A lighter is tied to a string, being hung up and displayed in front of the small window or counter. oftentimes it is not possible for every kind of item in the store can be displayed, but customers can be assured that the most basic needs are available.The storekeeper waits for customers inside the store. Sometimes, benches and tables are also provided in front. The screen of the window or the front portion of the store is being placed above when the store is open. It is being brought down to cover the window or the front portion of the store when the store is closed.Sari-sari stores carry on various everyday necessities in small packages or by pieces, a practice called tingi by Filipinos. For instance, shampoo can be purchased not by bottle or by dozen but it is by sachet. there are miniature packets of just about every commonly needful item. Most of the items are sold by pieces.The sari-sari stores also allow trust purchases from loyal customers. It is called suki in tagalog (repeat customers known to the owners). The owners usually keep a disk of their customers outstanding balances on a notebook and demand payments on paydays.