What is sales product in SAP LO-RFM - S/4HANA Retail & Fashion Management?

SAP Term: sales product

• Component: LO-RFM

• Component Name: S/4HANA Retail & Fashion Management

• Description: A logistical product in a specific sales unit of measure. A sales product is sold to consumers and can be procured in a specific purchase order unit of measure from an internal or external supplier.

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• Key Concepts: 
  Sales product is a term used in SAP S/4HANA Retail & Fashion Management (LO-RFM) to refer to a product that is sold in a store. It is the basic unit of sale and can be either a physical item or a service. Sales products are typically associated with a specific item number, which is used to track inventory and sales.
  
  How to use it: 
  Sales products are used to track inventory and sales in SAP S/4HANA Retail & Fashion Management (LO-RFM). When creating a sales product, the user must enter the item number, description, price, and other relevant information. This information is then used to track inventory and sales.
  
  Tips & Tricks: 
  When creating a sales product, it is important to ensure that the item number is unique and that all relevant information is entered accurately. This will help ensure that the sales product can be tracked properly. Additionally, it is important to keep track of any changes made to the sales product over time, as this can affect inventory and sales tracking.
  
  Related Information: 
  In SAP S/4HANA Retail & Fashion Management (LO-RFM), sales products are associated with item numbers, which are used to track inventory and sales. Additionally, sales products can be associated with other items such as promotions or discounts. For more information on how to use sales products in LO-RFM, please refer to the official SAP documentation.