To realize the EXCEL form of inventory management and inventory details, first, you need to set up the basic framework in the new worksheet. In the header section, list the key fields, such as prior period balance, current inventory, date, and so on. Next, create separate rows for each product category to record relevant data such as item name, prior period carryover value, etc.
In the inventory management section, the key is to set up the calculation formula. For example, you can enter the formula in the Inventory cell: =(D5+F5+H5+J5)-(E5+G5+I5+K5)+B5. This formula represents the sum of all incoming quantities (D5 to J5) minus the sum of outgoing quantities (E5 to K5) plus the prior-period carry-over (B5), which will give you the real-time daily inventory. Simply enter the specific inbound and outbound values in the cells corresponding to the date (e.g., Feb. 1) to see how the inventory has changed.
Each time you update the date (e.g., Feb. 2), repeat the above steps, enter new in/out data, and the EXCEL form will automatically calculate new inventory values based on your formula. In this way, you can not only clearly track the daily inventory details, but also grasp the inventory status in real time. The whole process is simple and intuitive, no need for complex operations, just follow the logical formulas.