Tracking inventory in Acctg ( QBKS)…what is the diffference between sku #s and upc codes? Do I need both?

Tracking inventory in Acctg ( QBKS)…what is the diffference between sku #s and upc codes? Do I need both?

I am managing the accounting for a bath and body product wholesale manufacturer. in th process of trying intentory add-on software to work with QBKS, I have come across UPC code options. We currently have our sales items organized by SKU’s iS a UPC code different? What purpose doe sit serve? do I need both sku’s and upc codes? please advise.

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3 Comments for Tracking inventory in Acctg ( QBKS)…what is the diffference between sku #s and upc codes? Do I need both?

  • 1. Sandy  |  February 15th, 2011 at 8:28 am

    http://home.iae.nl/users/lightnet/world/mark.htm

  • 2. Trazom28  |  February 15th, 2011 at 9:17 am

    SKU is usually an internal company identification number. SKU stands for “Stock Keeping Unit”

    http://en.wikipedia.org/wiki/Stock_Keeping_Unit

    UPC is a Universal Product code, usually placed by the manufacturer of the product, and will remain the same no matter which vendor is carrying the product

    http://en.wikipedia.org/wiki/Universal_Product_Code

    For example, a Widget from Acme, Inc. has a UPC of 12345-54321. At Widgets and things, the product will have that UPC printed on it, but a SKU of 32-1234. Over at the competitior, Widgets R Us, it has that same UPC, but a SKU of AA-342673. Same product, but the two businesses classify it internally differently.

    Whether or not you use both is entirely up to how your business wants to run. I would recommend it just for organizations sake.

  • 3. your_in_goodhands  |  February 15th, 2011 at 10:11 am

    SKU’s are numbers created by your own company for product tracking, etc.

    UPC’s are numbers and bar codes given by http://www.uc-council.org/ that you find on products. The identical product at two different stores will have the same UPC code, but different internal SKUs.

    So you would use UPCs to identify a product, and then issue a SKU based on that.

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