invoice and inventory managemnt tool exel preadshet

You can almost guarantee that the base data in each of your multiple departmental inventory spreadsheets is wrong from the outset. With more people accessing the spreadsheet(s) and entering data without checks and balances, you can be assured that errors will occur. So how can you make decisions when you have multiple versions of the truth? What is the true number? They could all be right, just adjusted by timing. So how many do you have in stock? Sales says 10, purchasing says 6, the warehouse can see 14. One version of the truth. As your business grows more people will want their own version of your inventory spreadsheet sales will want one, purchasing for sure, warehouse, as well, and so it goes on. Each will embellish it to suit their local needs, and they will inevitably try to manage their version of the quantity in stock.They are particularly widely used by QuickBooks customers who find the inventory control functionality with QuickBooks inadequate.Īnd there are many free Excel Inventory Management Templates available to choose from (just Google Excel Inventory Management Templates, and you will be spoiled for choice)!īut this wonderful tool carries with it pitfalls and constraints when it comes to growth, and here are just three to ponder (the full list is MUCH longer!):

Many SMEs use spreadsheets as a basis for their internal business information system, and they are great or flexibly managing and analyzing data on a small local scale. It’s ideal for anyone who manufacturers, sells or buys products, tracking every step a product makes in the path from supply chain to end user. SOS Inventory goes beyond the Excel inventory template to offer you control over all departments of your business.

If your goal is to grow, entice investors or sell one day down the line, inventory software in the cloud is the optimal way to achieve it. SOS Inventory was designed for business owners just like you who are looking for an affordable way to manage inventory costs and organize information for easy analysis, accounting, and reports. But, if you want to have more control over your operations and a single version of the truth, there’s a better way. An inventory sheet template download seems like the easiest choice because there is no cost involved. It’s understandable, when businesses first start out, they want to keep costs down. Microsoft Office offers many different inventory spreadsheet templates that can be modified to your preferences. If you are looking for a free spreadsheet to download, you can find one here. Inventory spreadsheets managed in Microsoft Office Excel are a popular means of managing inventory on a desktop.

Invoice and inventory managemnt tool exel preadshet