Out of the solutions in inventory management, the use table import inventory is a popular choice thanks to convenience, flexibility, low cost. This article Accnet will share the template table vogue, detailed instructions how to set the table import inventory in Excel and analyze the advantages and disadvantages. Let's explore!
1. Table import inventory in Excel, what is?
Table import inventory is a tool to help businesses recorded the entire operation, import, export and inventory of goods in a certain period of time.
Main role:
- Control the amount of real goods compared to the books.
- Provide accurate information to forecast demand for imported goods.
- Transparency in inventory management.
2. The table import inventory in Excel
Below are some sample Excel import inventory popular, in accordance with the management needs of different businesses. These tables are designed to be simple, easy to use, built-in calculation formula.
Model 1: Tablet import inventory basic
This template suitable for business there are number of goods just right, focus on managing the number of import and export, inventory.
Model 2: Table import inventory in Excel valuable goods
This table add column value of goods to calculate the inventory value, in accordance with the business management of goods of high value.
Model 3: Table export, import, inventory over time (daily)
This template helps track activity details import and export of goods each day, integrated calculated automatically.
Model 4: Table export, import, inventory be reported automatically
Advanced pattern features integrated automated reports to analyze inventory, fits medium scale business.
Model 5: Table export, import, inventory, multi-branch
This table fit the business has multiple branches or warehouses.
3. How to set the table import inventory in Excel details
3.1. Data preparation before setting the table
To set the table import inventory accuracy and efficiency, businesses need to fully prepare the following information:
- Commodity code: unique identifier for each product.
- Name of goods: product Name specific to identification.
- Unit: example: piece, kg, box, liter...
- Number of import/export: Recorded top quality input, output.
- Price import/export: the Price of capital goods, the market price.
- Inventory, beginning of the period: the Number of inventory before starting the new recording.
- Inventory end of period: the Number of rows remaining after the calculation of import and export.
3.2. The steps to create tables, import and inventory in Excel
Step 1: Open Excel and create a data table with columns
- Date
- Commodity code
- Name of goods
- Unit
- Amount of income
- Number manufacturer
- Inventory (will be calculated automatically)
Step 2: Use formula to calculate the number of inventory
= [Inventory the beginning of the period] + [Number entry] - [Number] >>> For example: In cell G2 (inventory): =F2 + D2 - E2. Drag the formula down the entire column to automatically calculate inventory for the next line.
Step 3: automation with Excel formula advanced
SUMIF: To calculate the total amount of import and export in each item >>> =SUMIF([Range code], [Code specific row], [Column SL Enter])
VLOOKUP: For fast lookup information goods under the code >>> =VLOOKUP([item Code], [data Table], [Column returns], FALSE)
Step 4: formatting Excel sheet professional
Use Data Validation to create drop down list for the item Code, unit. Apply Conditional Formatting to color when the inventory falls below a safe level. Create a filter (Filter) to help users easily search for information goods.
4. Benefits and limitations of using Excel for import inventory
4.1. Benefits of panel import inventory in Excel
- Low cost: Businesses don't need to invest in expensive software.
- Easy to deploy: Only need a pc with Microsoft Excel.
- Flexibility: custom column formula according to the particular business.
- Manage data quickly: Excel provides the filter, calculated automatically.
4.2. Limitations of table import inventory in Excel
- Easy-to-flaws: Enter data manually can cause errors in calculation.
- Not suitable for big data: When the goods too much, Excel file to be slow, difficult to manage.
- Teen automation feature: can Not manage inventory in real-time.
- Security capabilities least: Excel Data vulnerable to loss or unauthorized copying.
5. Alternative solution Excel in warehouse management
The warehouse management software modern as LV DX Inventory brings many benefits superior to Excel:
- Data management in real time
- Process automation
- Detailed report, diversity
- High security
- Remote management
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Choosing the right tools to manage your inventory depends on the scale, the needs of the business. Let's start from the simple tools such as table import inventory in Excel, but don't hesitate to switch to accounting software import export warehouse professional as your business needs grow, more optimal. Contact us now to discover the most suitable solution!
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