Download Stock Inventory Excel Template

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The Stock Inventory is the bookkeeping of items, the parts and raw materials that a business either uses in production or sells. Practice inventory management to ensure that you have enough stock and sales. The verb “inventory” refers to registering and counting items. It refers to all stock of various production stages. So, both retailers and manufacturers can continue to sell items and products. Inventory is a major asset on the balance for most companies. The main goal of the inventory template is for generating profit but if a stock is for sale it cannot be considered as inventory.

An inventory template is a complete, itemized list of every product and good your business has in stock. It includes raw materials, work-in-progress, and finished goods. An inventory sheet should include each item’s SKU number, name, description, cost, and quantity in stock. The inventory list is essential because it shows you exactly what you have available for sale or use.

How to Create Stock Inventory in EXCEL

Steps to follow

Chose the type you prefer for your stock inventory list.
Through the given template select options the one that is suitable or meet your preferences.
You will find this choice to the right of the template’s preview window. It will make your template.
You can delete the pre-formatted data and enter your data under the item number, item name, item cost, etc. So one template created in the right way can be copied and used over and over, for a variety of organizational uses.

Insert your Inventory Data.

To modify a pre-filled column, double-click it, delete the number or word there, and enter your stock’s information. However, every inventory list should contain the following options:

It Divided into Two Parts

Physical Condition

Asset or Serial Number- It determines the specific product from their Serial Number.

Description of Item

Location- Where the Product have been

Condition- Of the Products

Financial Status

Initial Value, Down Payment, Date Purchased and Loan

Loan Rate

After that, you can Enter- Monthly Payment, Operating costs, Total Costs for the Subtotal

Expected value, Annual and Monthly Depreciation

For calculations you can go back to it at any time and add, subtract, or modify anything you like.

Importance of Stock Inventory
  • To learn your inventory turnovers
  • Find out which Item and Stock Aren’t Selling
  • Exact Income Tax Reporting
  • Keep you organized and spend accurately

 

 

 

Download Stock Inventory Excel Template

To use this free Excel Template, you should have Microsoft Office/ Microsoft Excel. You can only use this template if you have these applications in your system. or Use, Google Sheets. 

After installing Excel or Spreadsheet, download the xlsx file of this template to use it

Once extracted, you can open the file using Excel and start entering data or customizing the template.

Click The Button Below To Download Stock Inventory Excel Template

Instruction :

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