Retail Review II

Import and Export

100

When editing inventory amounts on an existing item, which stock action will be recorded?

Inventory Recount

200

Unit Token

 Square's unique identifier for sellers' items

300

Option Value

The variation from the option set, e.g., S,M,L

400

Option Name

The set of variations, e.g., Shirt Size

500

Default Cost

The default amount that you pay for your items

Import and Export II

100

What column will sellers use to update their inventory quantities?

New Quantity 

200

True or False: Sellers can add a new column for sub-categories if needed.

False

300

What will sellers place in the Price column if they want a variably priced item?

Leave Blank

400

If we just want to update with the import, what option do we chose?

Modify

500

When do we suggest using the option to Replace?

Mass deletion, SAS recommends as a TS Step

Misc I

100

14,923 is only .... 

Retail Plus subscribers.

200

54.00

Average Seller ticket

300

234,842

Average Annual GPV per retail seller

400

What is an unfinished good?

Food, and items that can be modified when being made

500

What makes a seller fit for retail?

• SMB to MM (mid market) sellers are target

• 1-3 locations or channels

• Finished goods seller

• Large catalog >500 labels

• 70% or more sales are in-store supported ecomm integration 

• Doesn’t need advanced inventory planning such as wastage or loss reporting

• Needing to utilize upc/barcodes 

Wants to manage inventory exclusively within Square 

Misc II

100

What is the resource we use for Retail terminology?

Go/rtlglossory 

200

What are some of the ways sellers can add items to their account?

• In Dashboard manually

• In Dashboard with Auto Create 

• Within the RTL app manually

• Within the RTL app by scanning

• Via purchase order receipt

• Via CSV import/export

300

GTIN and SKU

GTIN is a global code for a product, SKU is internal

400

How to Archive items?

Sign in to your Square Dashboard and click Items & orders > Items > Item library. Click the box next to each item you want to archive. Click the Actions drop-down menu > Archive. If your item has variations, click Archive again to confirm you want to archive all item variations.

500

FIFO?

First in, first out

Misc III

100

What can affect a Barcode?

If it's too long

200

What is a vendor?

• The people or organization that the Retail owner gets their items for sale from. In other words, they are the suppliers of the goods sold in store. (Example: If you are a clothing store, one of your vendors may be a denim supplier like Levis.)

300

How do you make a Purchase order?

Steps to add item via purchase order:

1. Log in to Purchase Orders via Inventory Management in the Items applet > click Create Purchase Order

2. Type the name of the item you would like to create

3. Click Create Item

4. Enter the item details, including SKU, price and cost

5. The stock and unit cost will be added by the Purchase Order itself.

6. Click Save.

400

TRUE or False The COGS report updates after the last hour of the day

False

500

What is an aging inventory report?

The Aging Inventory Report provides critical insights into stock age, including average age, quantity, and value of inventory, segmented by age. This is extremely helpful to sellers in identifying dead stock.