Inventory Tracking Excel Template

The inventory tracking Excel template is a ready-made workbook that gathers the incoming and outgoing quantities of your products in one table and automatically calculates remaining stock, the critical level and total stock value. Just download the file and type in your product names; formulas, drop-down lists and color alerts come already set up. It is designed for small businesses, stores, warehouses and e-commerce sellers.

Free download

Excel (.xlsx) · formulas, drop-down lists and colored alerts built in · no membership required.

📄 31 KB · .xlsx🧮 Formulas ready🔓 No password, no watermark💳 Free

What columns are in the template?

ColumnWhat it does
Product Code / Product NameThe code and name that identify the product. If you assign a code, it is easier to match with the count and price list templates.
Category / UnitChosen from a drop-down list. You can change the list contents on the "Lists" sheet to fit your own product groups.
In / OutThe total quantity that came into the warehouse and the total that left through sales and consumption.
Remaining StockAutomatic: In − Out.
Critical LevelWhat is the minimum number of units you should have on hand? This figure is the threshold for the alerts.
StatusAutomatic: CRITICAL (yellow) if remaining stock is below the critical level, OUT OF STOCK (red) if it is zero, SUFFICIENT (green) if it is adequate.
Purchase / Sale PriceUnit cost and shelf price. Used in the value calculation on the Summary sheet.
Stock ValueAutomatic: Remaining Stock × Purchase Price. The money sitting in your warehouse.
Shelf / Warehouse, Last MovementThe product's physical location and the date of its last receipt or issue.

How to use it

  1. Download the file and open it in Excel, Google Sheets, LibreOffice or WPS.
  2. Delete the 5 sample rows on the "Data" sheet and enter your own products.
  3. Set the critical level for each product — when stock falls below it, the row changes color automatically.
  4. As goods are received and sold, update the "In" and "Out" columns.
  5. On the "Summary" sheet, follow your total stock value and the number of critical and out-of-stock products.

Who is it for?

  • Retail businesses such as grocers, supermarkets, stationers and hardware stores
  • Warehouse and wholesale businesses
  • Trendyol / Hepsiburada sellers and small e-commerce sites
  • Workshops that manufacture (raw material and consumables tracking)

Frequently asked questions

Is the inventory tracking Excel template completely free?

Yes. The file is free, doesn't require sign-up or an email, and has no watermark. You can use it commercially in your business and modify it freely.

Can I open it if I don't have Excel?

Yes. The file is in .xlsx format; it opens in Google Sheets, LibreOffice Calc, WPS Office and Numbers. The formulas work in these programs as well.

How many products can I use it for?

The formulas in the template are set up for up to 300 rows. For more, just select the last row and drag it down. Excel becomes slow beyond a few thousand rows; at that point it is healthier to move to inventory software.

Can I update it from my phone?

You can edit it with the Excel mobile apps, but wide tables are cumbersome on a phone. If you update frequently in the field, a mobile-friendly inventory app is more practical.

Can I use it with a barcode scanner?

Barcode scanners work like a keyboard; you can place the cursor in the Product Code cell and scan. For automatic stock deduction, use it together with the product price list template.

How do I document incoming and outgoing goods with signatures?

This table only holds the total quantity in, out and remaining. To record each goods receipt, sales issue, transfer and write-off separately, with the signatures of the person handing over and the person receiving, use the warehouse receipt and issue voucher Excel template; add the quantity on the voucher to the In or Out column here. When a count difference appears, you can find the cause in the vouchers.

Related templates

Warehouse Receipt and Issue Voucher

A printable voucher that documents every item entering or leaving the warehouse line by line, with the signatures of the person handing over and the person receiving; a log of all vouchers and totals by movement type are on separate tabs.

Warehouse Count / Inventory Excel

Compares the quantity in your system with the physical count and automatically reports shortages, surpluses and the value of the loss.

Product Price List Excel

A price list with barcodes that automatically calculates the selling price from the purchase price and profit margin, plus the shelf price including VAT.

Order Tracking Excel

Tracks orders by channel, status, amount and shipping tracking number; calculates delivery time in days.

Asset Assignment Tracking Excel

Automatically tracks which fixed asset is held by which employee, the planned return date and the total value of assets out on assignment.

Last updated: September 29, 2026

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