Multi-UoM invoicing, or unit of measure, is a sales management technique that allows you to manage several different units of measure for a single product. For example, a product may be sold in both retail and wholesale, with different quantities and units of measure for each sales method.
With multi-UoM invoicing, it is possible to set up different units of measure for each product and automatically convert them when creating invoices. For example, if a customer buys coffee beans, but the invoice is issued in kilograms, the invoicing system can automatically convert the quantity of beans to kilograms using the appropriate conversion rate.
Multi-UoM invoicing can be useful in many industries, such as the food industry, consumer product distribution, transportation and logistics services, etc. It can simplify the management of the invoicing process. It simplifies sales management and ensures accurate calculations, which can be particularly important in large-scale business transactions.