How to Create Stock Control List in Ms excel 2019 || Inventory Management in Ms Excel

How to Create Stock Control List in Ms excel 2019 || Inventory Management in Ms Excel


How to Create Stock Control List in Ms excel 2019 || Inventory Management in Ms Excel

Hi Viewers in this tutorial you will learn how to create stock control list or Inventory Management System in Ms excel 2019 step by step.
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Stock control list formulas / Inventory Management system formulas
inventory values
=product(qty*unitprice)
sales value
=product(soldqty * Unitprice)

Reorder status
=if(stock less than 5o,“Yes”,No”)
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Content

9.695 -> Viewers in this video I will show you How to create stock control list in Ms excel
13.832 -> Like this one
17.267 -> Create new blank sheet by clicking on plus symbol
32.369 -> Type here heading that is Stock control list for grocery shop
49.824 -> Change the row height from format option
56.901 -> align contents center
59.066 -> and select background color for this row
69 -> apply style on text that is bold and change the font size
84.117 -> Select area bellow the heading and apply background color
91.984 -> text color will be white
93.795 -> and change the row height
100.215 -> Apply border
106.253 -> Type heading for column first one will be product name
111.323 -> Then Unit Price
114.553 -> third one will be Quantity in hand
120.538 -> 4th one will be sold quantity
127.522 -> 5th one will be Inventory Value
131.348 -> 6th one will be Sales value
138 -> 7th one will be Remaining stock
145.079 -> and the last one column will be Reorder status
152.646 -> Select column and change width of column
158.707 -> Align text center
162.729 -> Select style bold and change the font size
171.803 -> Select area and create border for that area
178.122 -> change row height
181.324 -> align contents center for this area
186.613 -> Now type product name one by one
197.549 -> After that mention the Unit Price for all these products
204.139 -> Now mention the Quantity in hand
208.885 -> Also mention the quantity that is sold out
215.374 -> Now we calculate Inventory value by using formula
221.945 -> unite price multiplied by Qty in hand
227.681 -> copy the formula for remaining one product
235.4 -> Here we calculate sales value
241.173 -> Sales value multiplied by sold quantity
247.034 -> Copy the formula for the other rows
251.5 -> Now we will find the remaining stock
254.758 -> That is quantity in hand minus sold quantity
259.75 -> Copy formula for the remaining on rows
265.611 -> Here we will find the reorder status by formula
268.55 -> that is if the remaining stock less than or equal to 50 then reorder for product otherwise not
281.212 -> For reorder type yes option and No for not
288.783 -> then copy the formula
297.643 -> if you change the sold quantity you will see the effect of remaining stock
305.017 -> Thanks for watching this video plz like and subscribe the channel

Source: https://www.youtube.com/watch?v=tT1LHcBpAcc