SKU

Stockkeeping Unit (SKU)
A Stockkeeping Unit (SKU) is a unique identifier for each distinct product and service that can be purchased. It helps in tracking inventory and simplifying sales processes.
Stockkeeping Unit (SKU)
A Stockkeeping Unit (SKU) is a unique identifier or code, typically alphanumeric, assigned to a product to distinguish it from all other products in a merchant's inventory. It facilitates tracking, managing, and organizing stock effectively.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.