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Create a Dynamic FIFO template in Excel to track Inventory 1 год назад


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Create a Dynamic FIFO template in Excel to track Inventory

In today's video, we are going to walk you through creating a Dynamic FIFO Inventory Tracking Template in Excel. This template will help you effectively manage your inventory and calculate the Cost of Goods Sold (COGS) using the FIFO (First-In, First-Out) method. 📌 What You'll Learn: How to set up your 'Purchases' and 'Sales' worksheets. How to use Excel formulas for real-time inventory calculations. How to calculate key metrics like Revenue, Cost of Goods Sold, and Profit. 🛠️ Features of This Template: Real-time inventory tracking. Dynamic cost calculations based on FIFO. Easily manageable for multiple products and salespersons. 🔗 Useful Links: Download the Workbook: https://onedrive.live.com/download?re... Chapters: 0:00 Introduction 1:26 Overview 2:59 Calculations 9:47 Conclusion Microsoft Excel Training Accra Ghana Power BI Training Accra Ghana Financial Modeling Training Accra Ghana Data Analytics Training Accra Ghana

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