inventory

[anjarama]

I am no pro in Excel. Please, I need to figure out how to create an
inventory speadsheet that will update the current inventory when saved.

A1) product B1) amt sold C1) price per unit D1) original inventory E1) D1-B1

I'de like to save the updated E1 inventory after each order, clear B1 for
the next order and have E1 always reflect the current stock.

If I save and clear B1, E1 reverts back to D1 quantity.

Thanks for any help.

 

[Gordon]

I am no pro in Excel. Please, I need to figure out how to create an
inventory speadsheet that will update the current inventory when saved.

A1) product B1) amt sold C1) price per unit D1) original inventory E1)
D1-B1

I'de like to save the updated E1 inventory after each order, clear B1 for
the next order and have E1 always reflect the current stock.

If I save and clear B1, E1 reverts back to D1 quantity.

Thanks for any help.

That's because B1 needs to be CUMULATIVE.
You would be better off listing the orders down the page with a sub-total at
the bottom.
And you omitted one very important item - Purchases.

 

[Bogey Man]

I have a very simple spreadsheet that that can be expanded and does most of
what you want and a little more. If you would like it, I could send it to
you. It is currently in Excel 2007 format but I can save it in a different
format if that is what you require.

The sheet is populated with dummy data to give an idea of what is happening
with the calculations.

Let me know if you are interested.

 

[anjarama]

Gordon,
B1 is purchases...
How do you mean cumulative? I cannot get the cost per order if B1 runs
cummulatively. I may be misunderstanding you. Please elaborate.
Thanks again

 

[anjarama]

OH PLEASE!!!
I am near pulling my hair out.
Many thanks.
I am running Office 2007, so it should work.
Thank you, Thank you..

 

[Gordon]

Gordon,
B1 is purchases...
How do you mean cumulative? I cannot get the cost per order if B1 runs
cummulatively. I may be misunderstanding you. Please elaborate.
Thanks again

You need to have a cell for Opening Stock. Then a list of orders despatched
with a sub-total. Your current stock (not taking account of any Purchases)
is Opening Stock minus the sub-total of Orders despatched. In a very simple
way.

 

[Gordon]

OH PLEASE!!!
I am near pulling my hair out.
Many thanks.
I am running Office 2007, so it should work.
Thank you, Thank you..

Without wanting to be seen to be patronising, if you are trying to run an
Inventory system (upon which your Cost of Sales depends, and so is a VERY
important part of your financial records) and can't work out this quite
simple formula, than, as a recently-retired Systems and Management
Accountant, I would seriously suggest that you get some professional help...

 

[anjarama]

Gordon.
Could you send me an example? Or walk me through how to create cummulative
cells for open stock. I appreciate your help.
Thanks

 

[anjarama]

No Gordon, not patronizing at all...
Thank you for determining how important this is for me. All without knowing
what the intended use is...You are amazing..
Your instructing skills are excellent and your patience outstanding..
You were born to teach..

 

[Gordon]

Gordon.
Could you send me an example? Or walk me through how to create cummulative
cells for open stock. I appreciate your help.
Thanks

Send me an email to gordonDOTburgessparkerAThotmail.co.uk and I'll rustle up
something for you...(replace the capitals with the obvious....)

 

[Bogey Man]

Send me an email address (I tried to send you an email but it bounced back
to me). Send to n e w d o v e r m a n @ y a h o o . c a (take out the
spaces.

If you include your inventory list and prices, and order points, I could
populate the tables to perform the calculations using your data in the
sheet.

Ron