SKU and HSN
When you create items of your inventory in systems like Zoho , you are asked to enter the SKU, Unit and HSN code of the item. Let us try to understand these terms and their use in this blog. Try one month free Zoho Books SKU ( Stock keeping Unit) The name may suggest that this is the unit in which this item are kept at warehouse or store. For example, a store may sell beer in the unit of cans but will purchase and may wish to maintain the record in inventory in the unit of crates. The name is a misnomer. SKU is essentially an Identification , of a particular item that allows to be tracked for inventory purpose.SKU is usually alphanumeric. For example, an Ice candy of large size in orange flavor may have an SKU as 155-LAR-ORA. Here 155 is the code of manufacturer or brand of the Ice Candy , 'LAR' is for Large and 'ORA' for orange. The point to be noted is that the business owner can create its own method of generating SKU. Same TV from a particular bran...