Did you know that you can manage your inventory effectively without spending a fortune on standalone software? Thanks to Google Sheets, you have access to a powerful and FREE tool that can help you keep track of your inventory effortlessly. And guess what? You don’t need to be an expert to make it work for you! With our customizable Google Sheets Inventory Template, you’ll have everything you need to maintain a well-organized inventory, whether you run a small shop or a large warehouse.
Download the Free Inventory Template Google Sheets File
To get started, simply download our easy-to-use template. But before you do, let us guide you on how to make the most out of it. If you prefer a simplified inventory template that doesn’t require any explanation, we’ve got you covered. We even have templates specifically designed for schools, libraries, and workplaces that need to keep track of borrowed items.
What Is a Google Sheets Inventory Template?
An inventory template is not to be confused with a project management template. It’s a simple yet powerful tool that helps you track your incoming and outgoing stock. With the help of preexisting automatic formulas, you can easily fill in the data and let the template do the rest. Keeping track of your inventory is crucial for preventing stock shortages, avoiding over-ordering, and identifying lost or expired products.
What Data Should an Inventory Template Contain?
The data you include in your inventory template depends on your specific needs. If you sell products to the public or handle logistics, you’ll want to include item numbers, descriptions, current stock levels, back orders, maximum capacity, and price per unit. You can also add calculations based on these inputs, such as the sum of current stock and on order items, the cost of pending orders, and the total cost of all stock.
For other purposes, such as stocktakes or tracking borrowed items, you may only need a simplified inventory list. The beauty of Google Sheets is that you can customize your template to include as many or as few fields as you want.
How to Use the Google Sheets Inventory Template
Our comprehensive inventory management template is designed to be user-friendly and intuitive. However, let us walk you through the key steps to ensure you get accurate results.
Where to Input Data Into the Inventory Spreadsheet Template
To make things easy, we’ve highlighted the sections where you need to input data in yellow. You simply fill in the product or stock ID, item description, current stock, back orders, maximum capacity, price per unit, and the date of the most recent order.
Calculations the Inventory Spreadsheet Google Sheets Template Completes
Once you’ve entered the data into the yellow columns, the purple section of the spreadsheet will automatically generate calculations for you. These calculations include the total inventory (in-store + on order), the stock status (in stock or out of stock), overstocked items, the cost of the current order, and the total purchase price of existing stock.
Customize the Free Inventory Template Google Sheets File
If our template includes more columns than you need, don’t worry! You can simply hide the unnecessary columns to keep your template clean and tailored to your business. Just right-click on the column names and select “Hide columns.”
Frequently Asked Questions FAQ
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Is There an Inventory Template in Google Sheets?
- Yes, you can find our inventory template in Google Sheets here.
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What Do I Do if I Run Out of Room in the Template?
- If your inventory list is massive, you can make a new sheet by duplicating the “Inventory Page 2” sheet.
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How Do I Make an Inventory Spreadsheet in Google Sheets?
- If you prefer not to use a template, you can build your own inventory spreadsheet using ARRAY formulas or IF functions. You can refer to our template to get an idea.
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How Do I Create a Spreadsheet Template?
- To make any spreadsheet a template, make a copy of it by navigating to File > Make a copy. Then, you can use this copy as a template for future inventory management.
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Can You Scan a Barcode Into a Google Sheet?
- Yes, you can scan barcodes directly into Google Sheets using a USB barcode or QR code scanner. Just select the cell where you want the data to show up and scan the barcode. If needed, format the cells as plain text before scanning.
Track Your Stock for Free With Our Inventory Template
Missing out on our free Google Sheets inventory template would be a mistake! It’s designed to save you time, money, and headaches in managing your inventory. Download it from Crawlan.com and let us know how it works for you. And remember, you can always count on us to provide more templates and answer your questions.
Note: This article was written by a Google Sheets expert after conducting extensive research. Inspiration for this article was derived from various sources, including Spreadsheetclass.
