Author : Rebecca D. Crowe.
Published : Wed, Apr 17 2019 :9 AM.
Format : jpg/jpeg.
Using the Excel inventory templates can be extremely beneficial. First and foremost they are absolutely free of cost so an organisation doesn’t need to spend large sums of money to hire a professional stock / store keeper. Secondly the templates are beneficial because they allow the user to keep proper tabs of their stock and thereby prevent any mishaps, confusions and losses. Lastly the Excel inventory form templates are beneficial because some of them aren’t product specific and can be used by companies and stores of all sizes and types. Thus, the Excel inventory templates can be extremely beneficial and useful to almost anyone and everyone.
Many companies possess an inventory which consists of a stock of goods. These goods may be articles for sale. Alternatively, it may be material or equipment required for production. In short, a firm’s inventory may consist of finished products, raw material or partly finished goods which are in the process of being manufactured. In all cases, this storage is of great value. It is an investment made by business owners and shareholders. Therefore, the importance of inventory management and control is immense due to several reasons.
Spreadsheets are a great tool to track your stores inventory, list all of your products and supplies and resources, and log whenever anything added or taken out. The only problem is, it can be tedious to update and edit your spreadsheet every time a new product is added to your stock or a new sale is made that decreases your inventory.
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Billing and payments should be much easier to track using the correct inventory management software suite. Tax bases for regions in the US, VAT and GST are all supported by this easy to use program. Tax calculations should be automatically done on all billing and those that need to can enter an individual tax rate that encompasses extra taxes specific to a city or takes into account discounted tax rates in enterprise zones.
To save you time, we’ve collected the top inventory templates for Microsoft Excel, all of which can be downloaded for free. They’re easy to use, can be customized to fit the needs of your business or home project, and are compatible with Excel 2003, Excel 2007, Excel 2010 and Excel 2013.