Streamline Your Inventory Management with Our Payment Template Excel for Inventory

Payment template excel for Inventory

this excel template is designed to aid  in inventory management and restocking   the workbook is fully customizable to reflect  the items in your business inventory including   associated unit costs and desired item stock  products falling below the desired inventory level   are flagged for reordering and all item orders  are summarized in a convenient daily order summary in order to begin using the inventory management  template select the lists tab located at the   bottom of the workbook this sheet is where you  set up the list of products that your business   keeps in inventory the items entered here  will be available for selection in the drop   down menus when filling out inventory stock and  reordering items to add a new product to the table   either replace an existing entry or type a  new entry in the next available blank row   the reorder level field is used to specify  the minimum stock that will flag an item to   be reordered and the starting cost per unit field  is used to specify an item's default unit price   to fill out the quantity of items  currently in stock in your inventory   select the inventory sheet located  at the bottom of the workbook this sheet is used to enter current  inventory information as well as to   reorder inventory products the gray columns on  the sheet are completely automated so only the   white fields should be used for data entry to  enter inventory information begin by entering   the date in the next available blank row  of the table select the product name in the   item drop down menu and enter the quantity of  the item currently in stock in your inventory   the gray columns will automatically  populate with the correct information   and the order field will alert if the item  quantity falls below the item's reorder level   the right side of the table is dedicated  to the fields used for entering item orders   if an item stock has fallen below its reorder  level the suggested reorder quantity field will   automatically display the recommended order to  adequately restock the item if you wish to order   an item enter the item quantity and current unit  cost information in the appropriate white fields   the total item reorder cost will be automatically  calculated using the order information to view   a summary of inventory orders select the order  summary tab located at the bottom of the workbook   this sheet contains a daily order summary  to display order information entered on   the inventory sheet the summary is entirely  automated except for the inventory date drop down   which can be used to display order summaries  for the date of your choice this concludes the   demonstration of the inventory management template  if you'd like to review any of these instructions   a summary can be found on the introduction tab  located in the bottom left corner of the workbook