What does PLU mean in ACCOUNTING
Price Look Up (PLU) is an abbreviation used to refer to a number code assigned to a product or item for the purpose of establishing a price at the point of sale.
PLU meaning in Accounting in Business
PLU mostly used in an acronym Accounting in Category Business that means Price Look Up
Shorthand: PLU,
Full Form: Price Look Up
For more information of "Price Look Up", see the section below.
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Essential Questions and Answers on Price Look Up in "BUSINESS»ACCOUNTING"
What is PLU?
PLU stands for Price Look Up and is a numerical code assigned to products or items for pricing purposes.
How are PLU numbers used?
PLU numbers are used to establish pricing at the point of sale so that customers can be charged accurately according to the assigned price.
Who assigns PLUs?
PLUs are typically assigned by suppliers, manufacturers, or retailers when they create products or items.
Are all products coded with a PLU?
No, not all products codes with a PLU number. Some retailers opt not to use them while others may choose not to assign one.
Final Words:
The use of Price Look Up (PLU) numbers provides an efficient system for assigning prices at the point of sale so that customers can be charged accordingly. It is important for suppliers, manufacturers, or retailers to assign accurate PLUs in order for this system to work effectively.
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