The F4 key will let you cycle through absolute and relative ranges, instead of editing and adding the $ symbol. Also add another column so you can have both a cost price and a sales price. That would allow you to calculate profit. If you turn your code column into a named range, you can then create pull downs with data validation for the other tables.
I can't tell you how thankful I am for this video! THANK YOU SOOOO MUCH. It helped me lots with a problem I had at work and this worked liked magic. :) Thanks!
Thank you for this great video. One question/suggestion: to solve the identical names issue, refer to item codes instead of item description and you won't need to change or edit the item descriptions.
such an amazing video, real great of you to do this, can't wait to get mine started. I've literally searched the whole of youtube for something simple like this
Thanks, check this out too, it allows you to add more items coz it's more dynamic and expandable. It has a sample template too that you use right away.
Cris Minas how do I create the in and out on a monthly basis, for jan, feb, mar etc. Do I need to create a new sheet each month and copy everything over. Thanks
wow its a great video. my only issue on this is how it approaches its cost. the price in the inventory changes from time to time. and editing the item list price may affect the history cost.
Thanks alot Chris your tutorial was wonderful. With it I was able to develop a stock inventory for my lab which I believe would be very useful in maintaining our stock. Thank you
This is helpful. I learn alot. I hope you can upload a video for this inventory excel, on how to in and out the product with the use of barcode scanner thanks a lot. ❤😇
great job, but what happens when the received list is full? we need to delete the input in the row to make place for new one but that changes to quantity in the storage too,right?
Nice example... you would be better off turning all of these into TABLES -- to make dynamic so you can keep adding inventory and sales for hundreds of transactions. Also just a note... to hard to type "$" to lock cells.. when the range is colorized just press the [F4] key to lock cells. just to save time
Patrish Casila I've learned about the vlookup today. It has been a great help because we have a research and watching this made it easy for us. I also learned the importance of the dollar sign, and other functions of the ms excel.
Thank you so much for helping us get control of our inventory and making it simple for us. I have a question with regards to the price/item. In reality, the price of an item is a variable. How do we account for it in this system?
Just make the price variable for each purchase/incoming or sales/outgoing. The system is only displaying that value for ease of viewing. It's not required.
Hi Cris, this is an awesome video. What troubled me is my incoming stock has different batch numbers. How do i manage the inventory with the ever changing batch numbers?
I mean, you can just not include the price in the VLOOKUP code and enter the price you purchase it for as you go. That seems like the easiest solution to me.
Good tool Cris, I am really appreciated that but could you please share us how to control the PRICE as we know that same product but may not same price. I am looking to hearing from you soon.
Create pricelist in another sheet and use index function. Buy hey, If you're trying to create your inventory, i have free to download check my new video 😊
Is this possible with changing dates in rows. For example in sheet received goods different rows different dates, automatically filled in different rows in stock sheet? The same way for sales.
Just what I need. However, how do I like make an average of the price... I purchase the same kind of products from different stores (with different purchase price)? Was hoping you could help me out on how to go about it. Thanks
How do you add a different colour for each product, so that when I get a sale and input A1 for example it automatically shows up with the colour I have chosen for it as well? thanks
This has really helped me but i was wondering how i could add a reorder level so that when stock becomes below a certain amount it would be highlighted? do you know how to do this
I would create a new column prior to the Comments column called ReOrder and that have the target numbers of when you get to that point or below is when you want to re-order product. The cells I reference will differ from the video as a new column has been inserted. Now in the Stocks inventory "table" highlight the Stocks column from $AA$:$AA$14 then on the Home tab, Styles group choose conditional formatting, New Rule. Your range will be what I listed above and your formula is =VLookup($v1,Items,5,0)>=$AA4 then choose whatever fill color or formatting you want. Remember hitting the F4 key will cycle through where the $ symbols can be placed.
I did this and it works! thanks for this.. big help for my small business.. but how about if I add the wholesale price of the products ( so I know how much I gained) ? how will I do it? please help me..thanks
in the last table. you have to add 3 more columns .your receiving price.sold price.balance final profit amount you got..this will not affect the vlook up table.
how can I automate Code No in stock inventory table? also if i have multiple entries "A1" in purchase table, how do I combine them in Stock inventory table?
Greetings! Can u help me? My problem is the stock inventory is not changing but im already update the received item table. Can i know how to solve it? Thank you
It locks the cell reference.. When you place it before the Letter it locks your code not to adjust on next column, when you place it before the number it locks not ajust on next row. If you place it both.. It locks on specific cell.
In the last stock inventory box why don't you use simple formula like =+k4 in the received field and =+r4 in the sales field? Cause your formula and this simple formula do the same. Please tell why????
I have a silly question, If you had the Item chart, Sales and receivables all in different sheets, do you need to do anything different on the VLookUp formula?
This is a silly question but how do I expand or add onto my ITEMS Table. I want to add more stock to the table but everytime I try to highlight and rename it with the new items, it just keeps going back to my original highlight.
The F4 key will let you cycle through absolute and relative ranges, instead of editing and adding the $ symbol. Also add another column so you can have both a cost price and a sales price.
That would allow you to calculate profit.
If you turn your code column into a named range, you can then create pull downs with data validation for the other tables.
This is one of the simplest and most powerful inventory management system established on Ms Excel. Thumps up man
you're a life saver! i was looking specifically for this.
glad the video helps :)
@@CrisMinas can you send this to me through email plz. its emergency
Thank you for this tutorial. This is what exactly i am looking for. Simple but effective.
I can't tell you how thankful I am for this video! THANK YOU SOOOO MUCH. It helped me lots with a problem I had at work and this worked liked magic. :) Thanks!
Great isnt it!
Thank you for the example, I'm going to re-create this to get a better idea of how I want to run my inventory system!
do you know how to add more item ?. I try to add but it only show the previous item list we did. if you know, please share you idea
i have the same doubt .Do u get it ?
the best explanation ever..very simple n easy to understand..thank you for this efforts..
This help me a lot in my first Barcode System. I made it in just an hour with more features. Thanks a lots for this gem!!
જોરદાર. બવ સરસ માહિતી છે 🥇.
Thank you for this great video. One question/suggestion: to solve the identical names issue, refer to item codes instead of item description and you won't need to change or edit the item descriptions.
Thank you thank you thank you for making this straight to the point and easy to understand! This inventory system is amazing I'm saving this video.
such an amazing video, real great of you to do this, can't wait to get mine started. I've literally searched the whole of youtube for something simple like this
Thanks, check this out too, it allows you to add more items coz it's more dynamic and expandable. It has a sample template too that you use right away.
Cris Minas how do I create the in and out on a monthly basis, for jan, feb, mar etc. Do I need to create a new sheet each month and copy everything over. Thanks
@@SuperKris1981 create and save as template and every month you can add new . its tiresome agreed
Me: Thanks youtube for suggesting me a master piece ..thumps up dude..!!!!
Amazingly, I needed this workout today as I'm preparing a new shop inventory system
wow its a great video. my only issue on this is how it approaches its cost. the price in the inventory changes from time to time. and editing the item list price may affect the history cost.
Maybe its too late for me but this really helps me a lot. Thank you for sharing your knowledge.
thank you for the tutorial i hope i can use this to my present job as a warehouseman
Thank you dear for such type of video
Thanks alot Chris your tutorial was wonderful. With it I was able to develop a stock inventory for my lab which I believe would be very useful in maintaining our stock.
Thank you
Thats great.Simple. Thumps up man.
Thank you xoxoxo.U help a lot for my Quiz😂😘
well done, u did a great job. is it possible to have this file ?
Yes, link is in the description.
i hope you add tutorials like your are speaking at the same time
Thank u so much. U helped me a lot 👍👍👍
Wow Amazing Tricks
Nice very informative 👌
exactly what im looking for, thank you so much.
You made working Excel bad ass! 👍
Can you do for aswey management?? Please?? Like how to maintain an asset register
This is helpful. I learn alot. I hope you can upload a video for this inventory excel, on how to in and out the product with the use of barcode scanner thanks a lot. ❤😇
great job, but what happens when the received list is full? we need to delete the input in the row to make place for new one but that changes to quantity in the storage too,right?
I think I finally understand VLOOKUPs after this video!
Very good 👍👍👍
thank you very much for this video
Will it still work if I put the stock table on another sheet?
Awesome. This is great
Nice example... you would be better off turning all of these into TABLES -- to make dynamic so you can keep adding inventory and sales for hundreds of transactions. Also just a note... to hard to type "$" to lock cells.. when the range is colorized just press the [F4] key to lock cells. just to save time
Simple and usefull! Best Regards!
its like a Movie....its so entertaining
Can u Help me . quantity is not appear in stock list even in add in stock in.
This REALLY helped a lot..thnx
Thanks for sharing! What is the best way to add stores, to which I source products for further sale?
It's amazing!! Thank you so much for sharing this content
Thanks man!These is so great you help me learned this thing in such an easy way...
It looks good and simple, I like it.
Very helpful thank u😊
Patrish Casila
I've learned about the vlookup today. It has been a great help because we have a research and watching this made it easy for us. I also learned the importance of the dollar sign, and other functions of the ms excel.
what is the importance ?
thanks for this video
i like your video how find out total stock purchge in my sheet
Thank you so much sir!
Can you use this setup with a barcode scanner if so how would you intergrade it thank you
Good video Nice 👍 Sir
Thank you, you turn this into a more dynamic inventory watch here th-cam.com/video/YRkz62C235g/w-d-xo.html
Thank you so much for helping us get control of our inventory and making it simple for us. I have a question with regards to the price/item. In reality, the price of an item is a variable. How do we account for it in this system?
Just make the price variable for each purchase/incoming or sales/outgoing. The system is only displaying that value for ease of viewing. It's not required.
Thank you Cris
Thanks you so much for your sharing 🙏🙏🙏
helps me alot!
Love it. I m going to put it in python and mysql database with customer.
Hi Cris, this is an awesome video. What troubled me is my incoming stock has different batch numbers. How do i manage the inventory with the ever changing batch numbers?
Can this work also with a scanner gun? For example we wanna use barcodes to scan in and out supplies.
good Job.
Thank you for sharing 😊
You shouldve use drop down list on codes and names, because if you have many items it will be hard to memorize all of those codes. :)
Very good
this template doesn't consider price changes for one item over time. it is great but only for constant prices over the year for each item
I mean, you can just not include the price in the VLOOKUP code and enter the price you purchase it for as you go. That seems like the easiest solution to me.
Instead of using the product as a range better use the code which is unique so that no need to change the product name under inventory.
Arne Roy Calacar thats good thaaanks
you mean to say in prodect have to used code well send me your video so we see which is better to entry
He made a valid point. No need to make a fuss
how to do that can you sent me please best regards.
I thought so too. Just use the code. There are duplicate data the name is used.
Good tool Cris, I am really appreciated that but could you please share us how to control the PRICE as we know that same product but may not same price.
I am looking to hearing from you soon.
Create pricelist in another sheet and use index function. Buy hey, If you're trying to create your inventory, i have free to download check my new video 😊
Is this possible with changing dates in rows. For example in sheet received goods different rows different dates, automatically filled in different rows in stock sheet? The same way for sales.
your inventory look like easy but I would need to calculate profit and lose at the end of the month ect.
Just what I need. However, how do I like make an average of the price... I purchase the same kind of products from different stores (with different purchase price)? Was hoping you could help me out on how to go about it. Thanks
Very great!!!
Thanks for Sharing. It was very helpful.
How do you add a different colour for each product, so that when I get a sale and input A1 for example it automatically shows up with the colour I have chosen for it as well? thanks
Use conditional Formating if value is equal to
Thank you very much for the very good lesson
This has really helped me but i was wondering how i could add a reorder level so that when stock becomes below a certain amount it would be highlighted? do you know how to do this
I would create a new column prior to the Comments column called ReOrder and that have the target numbers of when you get to that point or below is when you want to re-order product.
The cells I reference will differ from the video as a new column has been inserted.
Now in the Stocks inventory "table" highlight the Stocks column from $AA$:$AA$14 then on the Home tab, Styles group choose conditional formatting, New Rule.
Your range will be what I listed above and your formula is =VLookup($v1,Items,5,0)>=$AA4 then choose whatever fill color or formatting you want.
Remember hitting the F4 key will cycle through where the $ symbols can be placed.
Robert Harris Great stuff! 👌 Thank you.
Many thanks for sharing these special tips. :)
you are so amazing!
HI THANK YOU FOR SHARING THIS APPLICATION FOR INVENTORY BUT IS NOT WORKING THE CODE UNTIL 200 ITEMS WHEN IN ENTERING THAT CODE WHICH IS NOT AUTOMATIC.
Thanks a lot - great job:)
You're welcome
Tip: You can use the data validation on the CODES column to make it easier
Great Video .. It would be great if you please upload any video on Double Bin Inventory System in EXCEL
I did this and it works! thanks for this.. big help for my small business.. but how about if I add the wholesale price of the products ( so I know how much I gained) ? how will I do it? please help me..thanks
in the last table. you have to add 3 more columns .your receiving price.sold price.balance final profit amount you got..this will not affect the vlook up table.
@@homahealthcarecenter thank you so much
Thank you, so easy and well explained
It is esay to understand and very simple to use. Thanks a lot.
This is very useful... Thank you...
Can we use this for raw material?
how can I automate Code No in stock inventory table?
also if i have multiple entries "A1" in purchase table, how do I combine them in Stock inventory table?
Greetings! Can u help me? My problem is the stock inventory is not changing but im already update the received item table. Can i know how to solve it? Thank you
Thank you for this video .
Thanks 🙏🏻
Wow thank you! I ve made my own.
Better to use index match nesting instead of vlook up. It more flexible. 👍
Yet more complex
I am facing one issue in this sheet if we have same product or item code at different price how we can deal in this senerio?
i want to add some more materials in items after middle of the year .The "items" expandable ?
th-cam.com/video/96i_E_JRvL4/w-d-xo.html
Hello? What does the dollar sign do?
It locks the cell reference.. When you place it before the Letter it locks your code not to adjust on next column, when you place it before the number it locks not ajust on next row. If you place it both.. It locks on specific cell.
In the last stock inventory box why don't you use simple formula like =+k4 in the received field and =+r4 in the sales field? Cause your formula and this simple formula do the same. Please tell why????
what if the sales exceeds the received table. on that case how do we insert a function not to enter more quantity than received items ?
hi may i ask? how to make it timely? Meaning it is updated daily to see the transaction
I have a silly question, If you had the Item chart, Sales and receivables all in different sheets, do you need to do anything different on the VLookUp formula?
Yes, you have to add the sheet reference. Check this out, it's expandable and dynamic inventory th-cam.com/video/YRkz62C235g/w-d-xo.html
This is a silly question but how do I expand or add onto my ITEMS Table. I want to add more stock to the table but everytime I try to highlight and rename it with the new items, it just keeps going back to my original highlight.
How can I make changes like unprotect category,items and so on
Does this work well with sorting?
Great video liked and subscribed
+Youssef Ibrahem appreciated
thank you for your effort