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Glossary

Short definitions for finance, store ops, and IT teams evaluating billing software, restaurant POS, and inventory depth in India. Each entry links to deeper guides where we have them.

GST (Goods and Services Tax)
India’s indirect tax on supply of goods and services. Billing software should support GSTIN, tax slabs, HSN/SAC, and return-ready exports.
GST billing guide
HSN code
Harmonized System of Nomenclature — codes that classify goods for GST reporting. Retail catalogs often carry HSN per SKU.
Try a GST invoice
GSTR-1 / GSTR-3B
Periodic GST returns summarizing outward supplies and tax liability. Good POS/ERP flows reduce reconciliation pain before filing.
GST billing guide
POS (Point of Sale)
Checkout workflow: cart, tenders, discounts, and invoice/receipt issuance—often with offline tolerance for spotty networks.
Basil for RetailBasil for Restaurant
KOT (Kitchen Order Ticket)
A fired ticket that routes items to kitchen/bar prep stations. Cloud kitchens rely on fast KOT routing and order throttling.
Cloud kitchen use case
QR menu & ordering
Guests scan a table QR to browse the menu—sometimes with pay-at-table flows. Complements waiter-led POS during peak hours.
Restaurant POS
Inventory valuation
How stock on hand is costed (FIFO, weighted average, etc.). Matters when margins are tight across branches and channels.
Retail inventory guide
Multi-branch / HQ reporting
Roll-up of sales, stock, and GST across outlets with consistent masters. Needs roles, approvals, and inter-branch transfers.
Multi-branch retail use case
ERP vs billing app
Billing apps focus on invoices and light stock; ERP depth adds procurement, manufacturing/service job cards, CRM, and controls.
Billing vs ERP guide
E-invoice / e-way (readiness)
Electronic invoicing and consignment movement rules vary by threshold and sector. Your stack should export clean, auditable data.
TDS / vendor compliance (context)
Tax deducted at source on certain payments to vendors. Not a POS screen item, but finance teams expect purchase data to reconcile.
EMR (Electronic Medical Record)
Digital patient records, visit history, prescriptions, and clinical notes — typically with role-based queues for OPD workflows in clinics and hospitals.
Basil Clinic & EMRClinic EMR guide
OPD (Outpatient Department)
Walk-in and scheduled patients who are treated without admission — the core workflow for most Indian clinics: check-in, consult, Rx, and billing same day.
Eye clinic OPD playbook
Patient portal
A patient-facing view of prescriptions, appointments, and clinic communications — often mobile-browser based with verified phone access.
Basil patient portal
UPI / tenders
Common tender types at checkout. POS should record tender splits cleanly for shift close and bank reconciliation.

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