Inventory management is simple by using stock ledger available in different format using excel template here. Party ledger accounts and stock taking templates in excel format are also added here regularly.
Who can ignore the inventory management and benefits which can be enjoyed by stock availability at right time? Suppose some raw material you are looking for is facing shortage in the market causing its unavailability and increased price in the market having a negative impact on the profit of your company.
While you are a manufacture company you are supplying your inventory in form of work in progress or finished goods to other companies these transactions are usually credit based, however it is important to record these transactions showing the balance remaining on other company account which is possible from these inventory ledger accounts.
Format of Inventory Stock Ledger Account in Excel
For stock take or inventory control you must required some accounting software of worksheet spreadsheet template for track the daily or monthly expense budget. Some business income ledger excel available to download.
- Category: different products and inventory items are ordered therefore it is good to record the inventory item under the category from which it belongs.
- Amount receivable: this is commonly known as income as this is the amount which increase the company accounts balance therefore it is recorded on credit side of the ledger account.
- Details: details of transaction are recorded.
If your company is having the continuous availability of required raw material it can function properly therefore stock templates are created using excel tool.
This shows the amount of particular stock item and its value in the store using selected method of valuation used to calculate amount of value of inventory item. For gross and profit margin statement you must require these tool of accounting.
Stock Take Spreadsheet Management
Lowering down cost of the business with using technology in the business ensures continuous generation of profit and it prevents any sort of blockage in selected process and project.
There are added here which can be downloaded if you found them useful for your business. Inventory Stock Ledger Format in Excel format 2010 and 20017 is available to download.