The investment will help the company begin and continue operations until the company becomes self-sustaining. Management Team Mickey Jordan, Partner Mickey Jordan has more than ten years in the food and restaurant industry and serves as the head chef of a five-star restaurant.
It fits any small business owners who want to see their inventory balances quickly.
You might have your own inventory log spreadsheet where you record any transaction manually. In that case, you may need the formulas to calculate particular item balance automatically.
You can sneak on formula written in this spreadsheet for your purposes. Or, you can move your inventory in this template and adopt it as your main inventory spreadsheet.
I created this template with simple thoughts of having inventory balances calculated automatically based on purchased and sold items. In this spreadsheet you will get separate worksheets for those item status.
Product Info Worksheet This is a worksheet to put all your item information. Excel formulas in Summary worksheet will use Product ID column as its main reference.
Do not forget to fill this column. Purchase — In Worksheet In this worksheet, you must type any purchases you made in this recording period. As explained above, you must select Product ID to reveal respective item and type its bought quantity.
There is Status column you can use to identify delivery status of ordered item. You can its status either as Sold or Booked to identify item that are still in your warehouse.
Inventory Summary Worksheet Here is the worksheet where you might monitor every day in this Inventory Manager spreadsheet.
All columns already equipped with formulas to pull item data and calculate their balance automatically. I put conditional formatting formula to mark any item that fall below MOQ red color.
Also, I put conditional formatting formula to identify item where its stock is about to reach MOQ level yellow color. The last column MOQ will pull data from that worksheet as well.
Balance column will add Initial quantity of particular inventory with In column minus Out column. All worksheets above are unprotected, but the workbook is protected. You can modify this spreadsheet to suit your warehouse or inventory needs.
Or, you can learn its formulas and apply it in your own spreadsheet. This free inventory manager spreadsheet should fit any small business owners who operate business with single warehouse. Or, they are who operate single store.
If you need the spreadsheet for more than one warehouse, you might consider the Paid version. Also, you can use for up to 20 warehouses. There are additional worksheets for item transfer between warehouses and inventory summary for all warehouses.Names in Excel VBA makes our job more easier.
We can save lot of time using Names. It is easy to maintain the formulas, Cells,Ranges and Tables.
Free Excel template to manage orders & inventory for retail business. Calculates Profit & current inventory levels. Handles product prices, tax & discounts.
Excel template for inventory management in small businesses. Engage intelligently with customers Engage intelligently with customers Forge strong customer relationships and open your business to markets everywhere. Grow your retail with Vend POS software.
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