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Daily Sales & Inventory Tracker Guide

This guide provides a method for tracking daily sales, inventory, and revenue through a structured table format. It includes detailed explanations of each column, such as date, item name, stock levels, and pricing calculations. Users are instructed to update the table daily and utilize Excel for automatic calculations and monthly totals.

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Nadine Ahmar
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0% found this document useful (0 votes)
50 views1 page

Daily Sales & Inventory Tracker Guide

This guide provides a method for tracking daily sales, inventory, and revenue through a structured table format. It includes detailed explanations of each column, such as date, item name, stock levels, and pricing calculations. Users are instructed to update the table daily and utilize Excel for automatic calculations and monthly totals.

Uploaded by

Nadine Ahmar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Daily Sales & Inventory Tracking Guide

This guide helps you track your daily sales, inventory, and revenue.

Column Explanations:
- Date: The date of transactions.
- Item Name: The product name.
- Opening Stock: Stock at the start of the day.
- Purchases: New stock bought.
- Sales: Number of items sold.
- Closing Stock: (Opening Stock + Purchases - Sales).
- Cost Price per Unit: Price you paid for each item.
- Total Cost: (Closing Stock * Cost Price per Unit).
- Selling Price per Unit: Price you sell each item for.
- Total Sales: (Sales * Selling Price per Unit).
- Revenue (Profit): (Total Sales - (Sales * Cost Price per Unit)).

How to Use:
- Each day, copy the previous day's Closing Stock as the new Opening Stock.
- Enter purchases and sales for the day.
- Let Excel calculate the values automatically.
- Use SUM formulas at the bottom for monthly totals.

Example Table:

Date Item Name Opening StockPurchases Sales Closing Stock


Cost Price per Unit Total CostSelling Pr

01-29-2025 Key Cover 5 5 1 9 2 18

01-30-2025 Key Cover 9 2 3 8 2 16

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