12/8/2023 0 Comments Home inventory google sheets![]() ![]() To make all of that work a little easier, you can just download our Excel inventory template for free as part of our full inventory template pack. Excel Inventory Template: Printable Spreadsheet Then, you can start building out formulas that pull this information in to get you greater insight into what inventory is selling, how quickly, and if there are any issues with shrinkage. Update the sheet, and add in more data each time you do another inventory count. Your bartender or back-of-house staff may think of a field or information that you missed. Give people some time to play around with the sheet and offer suggestions. ![]() Now that you've built your sheet and put in your starting numbers, everyone can make use of it going forward. Save the Sheet and Share it With the Team That's immense time savings when you're counting inventory in any warehousing environment. This scanner is easy-to-use and can take your scanning from 10 bottles per minute to more than 150 bottles per minute. Even better, it can be seamlessly paired with the Socket Scan S740 handheld scanner for increased efficiency. It can take your inventory to the next level and help you keep a closer eye on your numbers, so you can grow your bottom line with ease. If you're a BinWise Pro customer, you can get access to our own BinScan inventory scanning app for free. You may even want to look into a barcode scanner app at this stage to help automatically populate your new spreadsheet with data. Without this first count, you won't be able to figure out your inventory turnover at the end of the period or know how much to order for the next period. Otherwise, you'll just have a fancy spreadsheet with no value. Once the sheet is set up, you'll need to do inventory at least once to get your starting inventory numbers in there. If they don't work out, you can just remove the columns later and move on. Anything you can think of to track can be added at this point. Note that these columns should be in all inventory sheets, but your business may have unique needs. With this information in hand, you can more easily calculate the numbers above. The most important thing you'll want to track are product brand or name format ( liquor bottle sizes, beer keg sizes, wine bottle sizes, case of wine, etc.) starting inventory, received inventory, ending inventory and cost of Goods Sold for both by individual unit and total. The last thing you want your inventory spreadsheet to be is more of a hindrance than a help. This will also be very helpful when you start calculating your prime cost, food cost, inventory variance, and more. Tracking food and beverages in one tab can get really messy and make it a lot more difficult to keep everything up-to-date and useful. You'll want to have separate sections or tabs for different types of products, including your wholesale products. ![]() You'll also want to make sure any other employee that will need to access the numbers has the same program and knowledge. Pick whatever spreadsheet tool you feel most comfortable with, and you know how to use. You can track your inventory levels in Microsoft Excel, Google Sheets, Apple Numbers, and more. Here are the steps to follow to create a inventory spreadsheet: 1. To make things easier, you should follow a step-by-step approach to building a sheet. But, it's a vital step in inventory control and will pay dividends down the line. Creating an inventory spreadsheet can feel like a daunting task, particularly when you sell a range of products or store them in various locations. ![]()
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