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The tutorial demonstrates a Strike point of sale application for processing payments. The clerk selects the amount to be paid and has the option to include a tip. The customer then uses their mobile wallet, specifically Chibo, to scan a QR code and confirm the payment, which is detected by the terminal. After the payment is processed, a receipt can be printed; users can also select a mobile receipt for accounting purposes. Additionally, the system supports generating various reports. To configure accounts for reporting, users need to register and obtain Strike keys, accept conditions, enter their information, and input the keys to finalize setup.