Do It Yourself : Free Easier & Quicker Inventory Audit Checklist with Google Sheet Template

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Every Business Store or warehouse owner, all ways concerned about his inventory and worries about how to carry over the Inventory Audit.


Let us simplify the problem of how to do the Inventory Audit 

with  our " Easier & quicker Inventory Audit Google Sheet 

with instant Variance report "



Before Covid-19 how Business works

·         Major focus on how to make more sales

·         Unscientific ordering method

·         Overstocking of Inventory

·         Minimum importance on Stock Audit

The business houses majorly focus on increasing sales but the impact of Covid-19 force us to change the strategies to work on how to make use of Inventory more efficiently. But first, you should know how much is your actual Stock for that you need to carry an Audit. Let us go into detail step by step.

 

What is an Inventory Audit?

It’s important to conduct inventory audits to maintain inventory accuracy, spot causes of shrinkage, and ensure that you always have the right amount of stock at the right time. A better understanding of stock flow will also help ensure the business runs smoothly because you’ll know what products you have on hand.


10 things you should know why Accurate Inventory 

is Important for your Business?

  1. Don't miss sales due to out-of-stock items
  2. Don't waste cash in overstocked inventory
  3. Improve the accuracy of your accounting and profit reporting
  4. Identify issues before they get out of control
  5. Best Customer service
  6. Efficient re-ordering
  7. Minimise theft and losses
  8. Trust in your information systems
  9. Minimise warehouse costs
  10. Efficient stock take and end-of-year process

Advantages of using our " Inventory Audit Google Sheet"
  1. Doesn't require any Software to start Audit
  2. Easy to use on any Computer or Smartphone
  3. Anyone can do the audit
  4. Real-time audit variance report (no need to spend time on reconciliation)
  5. Product Multiple location availability

Basic details required before Sart of Inventory Audit
  1. Cut of System Stock Qty with Value
  2. Article or Unique Product Code Master
  3. Internet Connection in Computer or Smart Phone
  4. Our Google Spreadsheet
  5. Auditors or Manpower
  6. Barcode or QR code Scanners (If available)

STEP BY STEP  ILLUSTRATION OF HOW TO START YOUR INVENTORY AUDIT WITH OUR GOOGLE SHEET

STEP-1

DOWNLOAD OR TAKE YOUR STOCK ON HAND DETAILS FROM YOUR SYSTEM AND PASTE IN THE SHEET SHOWN IN THE BELOW ILLUSTRATION





SHEET NAME"SYSTEM STOCK ON HAND SHEET"


STEP-2

PREPARE THE AUDIT TEAM AND ALLOCATE THE LOCATION FRM WHERE TO START PHYSICAL COUNT OF INVENTORY



SHEET NAME"PHYSICAL STOCK COUNT CHECK SHEET"



STEP-3

MONITOR AUDIT STATUS SUMMARY & THE FINAL INVENTORY AUDIT VARIANCE REPORT. USER NO NEED TO WORK ON PREPARATION & RECONCILIATION. EVERYTHING WILL BE TAKEN CARE OF BY THE SYSTEM.

SHEET NAME"PHYSICAL STOCK COUNT CHECK SHEET"
THE ABOVE SHEETS YOU CAN WORK AND PRACTICE. FOR A COMPLETE WORKING SHEET & FULL TECHNICAL SUPPORT

KINDLY CONTACT US

EMAIL: 
satiatec@gmail.com
forautofans@gmail.com

CALL:
+91-9900246597 OR +91-9980015212

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