For the current version, visit https://help., and shopify., and com/en/manual/products/details/sku. SKUs (stock keeping units) are codes that you can use internally to track your inventory and report on your sales. For example, you can use the Sales by product variant SKU report to help analyze your sales.
Unfortunately, this e-commerce platform does not offer any inventory management solutions by itself. You can track a product’s quantity, but it won’t automate your inventory management. All you can do about it is find the most suitable option from the supported external apps or plugins.
Should you list out-of-stock products on your Shopify store?
You don’t want to have a product listed as out-of-stock on your Shopify store while the same product has multiple units available for sale on your Amazon store. The same logic applies to offline commerce.
If possible, update your inventory quantities when your retail outlets are closed and when you’re not having big online sales events. You can do a physical count of your inventory at each location and record that data to ensure your inventory quantities are correct in Shopify.
Inventory tracking can help you avoid selling products that have run out of stock, or let you know when you need to order or make more of your product. You can set up inventory tracking, view your inventory, and adjust your inventory counts in the Inventory area of Shopify.
On the Inventory page in your Shopify admin, you can view your inventory, adjust your inventory counts, and create inventory transfers. You can also view the history of inventory adjustments for products and variants whose inventory is being tracked by Shopify.
What is a stock keeping unit (SKU)?
SKU (pronounced “skew”), short for stock keeping unit, is used by retailers to identify and track its inventory, or stock. A SKU is a unique code consisting of letters and numbers that identify characteristics about each product, such as manufacturer, brand, style, color, and size.
You can also view the history of inventory adjustments for products and variants whose inventory is being tracked by Shopify. If you need to receive direct notifications of low stock levels, then install an inventory alert app from the Shopify App Store. Was this page helpful? Ready to start selling with Shopify?
Does Shopify have a bookkeeping solution?
Instead, Shopify bookkeeping requires ferreting out the information by having to look at each report and evaluate it’s limitations. I suspect that accountants with any hands-on experience of double entry bookkeeping were not on the development team for Shopify reports.
Yet another inquiry we ran across in our research was “What is a Shopify SKU system?”.
Implementing a Shopify SKU system means that you can optimize your Shopify inventory by using the same SKUs as you do with your inventory management software. So, you can compare all your reports on either system without any hassle.
Only Shopify POS helps you manage warehouse and retail store inventory from the same back office. Shopify automatically syncs stock quantities as you receive, sell, return, or exchange products online or in store—no manual reconciling necessary.
A common inquiry we ran across in our research was “How to filter sales report based on SKU code in Shopify?”.
Shopify has a sales report that can be filtered based on the SKU code. To access the “Reports” section go to “Analytics” menu item (marked with 1 in the image below) and click on the “Reports” menu item (marked with 2 in the image below) : SKU code sales report path.
How to choose the best inventory management software for your business?
The best inventory management software sync stock data in real-time as products are received, sold, returned, or exchanged online or in store. This ensures you have a single, reliable view of your stock. Shopify merchants can choose from a variety of trusted inventory management apps in the Shopify App Store.