It’s provided in XLS format, meaning you should be able to open it in any spreadsheet program on the planet.
Inventory management software simplifies the process.
Data protection – If you mistakenly delete or alter information on a spreadsheet, it may not be easy to restore it.Time investment – It takes time to create or adapt formulas and to increase spreadsheet function to match your business growth.“At-a-glance” is not a feature on a lengthy spreadsheet.
The team at Sortly has put together an easy, totally customizable inventory template for small businesses. Learn more about inventory formulas commonly used in inventory tracking. You’ll need additional spreadsheets, categories, and calculations to track sales, business performance, and other data. Think about what calculations you’ll need.
And you can use the Help feature in Excel or search online for tutorials on how to create formulas. You can add formulas to your inventory spreadsheet. Start a Free Trial Make a List of Categories and Calculations Neededīefore you begin entering data in Excel, make a list of categories and calculations that you’ll need for inventory tracking.īelow are categories-some commonly used in inventory management software-that you might want to include in the columns of your Excel spreadsheet: