PawnMaster Blog

Inventory Turns Explained

When viewing the Inventory Turns and Inventory Yield in the Management Dashboard Report, it is very important to note the use of the word “Annualized”.

There are multiple methods for calculating turns that are acceptable for accounting. Two of the most common are Sales Divided by Average Inventory and COGS Divided by Average Inventory.

Did you know that e-foro is much more than just a turbo lister?

Save time and money by integrating your eCommerce sites into one marketplace management portal within PawnMaster. e-foro pulls item descriptions and details from your PawnMaster program to eliminate having to re-type the info on the eCommerce sites. You can also add additional detail and images for all items before posting them live.

Did You Know that Data Age is a certified EMV solution provider?

Being a victim of Credit Card counterfeiting is soon to be a thing of the past with EMV chip technology embedded into all new Credit Cards. With Credit Card fraud on the rise, being certified as an EMV compliant merchant shifts any liability of fraudulent transactions away from your business and onto the Credit Card issuer.

Posted on 02 Nov 2015

PawnMaster Keyboard Shortcuts

One of the features that makes PawnMaster so easy and fast to use is the built in keyboard shortcuts. You don't need to use a mouse to do most functions in PawnMaster. In fact, with a little practice, using keyboard shortcuts can be much faster than using a mouse. One of the most popular videos in our "Did You Know" series is the one on shortcuts. We've had several customers ask us to provided a more expanded list of those shortcuts. Richard Lutz, the Data Age University Product Training Manager, has put together this comprehensive list of the keyboard shortcuts available in PawnMaster.

Backups: The Most Important Task You May Not Be Doing

Your data is the most important asset to your business. Most PawnMaster customers like the fact that their data is only saved on their own systems and not co-mingled with other shops' data. This is especially important for people using digital gun logs. While having your data stored locally is beneficial, you want to make sure you always have a valid backup stored off site in case of a disaster.

Did You Know? - Add a Layaway Notice to the Pawn Payment Screen

Often times pawn customers are also general retail customers who will take advantage of your layaway program. When these customers come in to make a payment on their pawn, it can be helpful to remind them about their layaway so they can make a layaway payment at the same time. This Did You Know video covers adding a notice on the pawn payment screen, showing they have an active layaway.

Posted on 11 Aug 2014

Did You Know? - Creating a Call List Prior to Forfeit

In this Did You Know?, certified PawnMaster trainer Richard Lutz shows us how to create a call list for soon to be forfeited items. You can use this list to call your customers and remind them that their items are about to be forfeited. This goes a long way in providing good customer service and will often result in those customers coming it to either pick up their items or extend their loan.

Posted on 06 Aug 2014

Did You Know? - Text Alerts for Managers

Many of our customers use the text message module to notify their customers of payments due and forfeits as well as for marketing blasts. This helps build customer loyalty and can give you a competitive edge over your competition.

Posted on 23 Jan 2014

Did You Know: Using Shortcut Keys in PawnMaster

PawnMaster includes several shortcut keys that will allow you to quickly and easily perform common tasks such as pawn/buys, sales, layaway's, and more. These shortcuts give you the ability to use PawnMaster without always having to use a mouse. Once you become familiar with using shortcuts you will find you can perform many tasks much faster then you have in the past.

PawnMaster pawn shop software is launching "Did You Know?" series...

During the recent NPA Pawn Expo in Las Vegas, our customers told us throughout the show, that they absolutely love the PawnMaster "Did You Know?" videos that we have produced so far. PawnMaster pawn shop software is launching "Did You Know?" series based on your positive feedback. We strongly feel, that things like this really help separate us from our competitors. We strive to educate our customers on how they can maximize their return on investment by offering helpful tips and suggestions that can ensure you are getting the most out of this powerful pawn shop software. The "Did You Know?" series will be a combination of technical support tips and other ways that will minimize frustration and maximize revenue generated. Our goal is to provide at least one or more of these videos monthly. If you have not seen any of the current videos that have been published, head over to our Youtube.com/dataagesoftware channel and subscribe. This way you won't miss any of the new ones as they get posted. We will do our best to notify everyone as they are published.

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