A spreadsheet that is used to track your inventory for a home-based business can be very simple or complex depending on what you want it to do. Just because you have an inventory, it doesn’t mean that you have an easy time tracking it either. To keep track of everything that you have in your store, there are many ways to make it simpler. The trick is to figure out what will make it easier and how to make it simpler without losing control.
Keeping a record of all the items that you have and how much they are worth, can be an easy time if you can understand the mechanics of it. There are certain things that you should learn when keeping a spreadsheet like entering totals, entering percentages and how to change them. However, by combining all these different tools, you can make sure that you can keep track of everything.
A simple inventory spreadsheet is going to allow you to enter all of the information that you need. All of the different items that you have to track are going to be displayed and you are going to have the option to change those values on the left side. The rows that you select will then change the values.
If you just need to enter a quick calculation, it will usually do that for you. However, if you need to go into a more detailed format, you can use the text boxes that are showing. You can use the standard type of button to enable or disable those options. This is great for keeping track of the different items that you have that may require more in depth calculation than the default option will handle.
You can also add separate categories for things that you don’t sell such as clearance items or unsold inventories. These items are automatically dropped from the total and then added back after you have accounted for everything else. You will also find that adding categories is helpful to make it easy to create anew category that does not exist with one click.
If you change the values for a category, you will also be able to change the total without having to type each of the numbers. This is another benefit of having separate columns for the different items that you may need to pay attention to. It also makes it easier to access items that are listed under the same category when you need to.
The items that you have in stock that you know will always be available may also be good to consider changing to certain aspects. For example, you can change the condition of the items on the left side to see if they are available for sale or to see if they will be sold after they are restocked. By changing the value to a gray color, you can easily see if the item is still in stock.
Using a basic way to keep track of what you have and what you need to sell can help keep your profits high. Adding and changing categories can help keep your prices lower as well. With the simple inventory spreadsheet and easy to read format, your profit margins will increase with the use of it.