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