Beverage Stocktake Template can help business owners to organize their business easily. This template comes with complete instructions that help you prepare an effective way of stock taking. It is specifically designed for small, medium and large scale businesses in order to manage and control stock taking in a more organized way. The Beverage Stocktake Template has been specifically created keeping in mind the requirements of retailers, wholesalers, importers and exporters.
Choose the product to be stock: To begin with, choose the product to be stock taking by reading through the contents of the excel template. Then you will have to enter the product name into cell A3. Then go through each row and note down the price of each product. You will then have to move on to cell B3. For more information on how to use this Beverage Stocktake Template example, just refer to the ‘using Microsoft Excel‘ section at the end of this article.
Beverage Stocktake Template
Set up your company’s fiscal year: To use the Beverage Stocktake Template properly, it is important that you make your company’s fiscal year up to date. The template gives you information about your sales, expenses and net profit every week. This information can be used to track your progress and performance. The template also gives you information on your cash position every week. This is vital since every week you will have to calculate the cash balance of your business.
Go over every profit and loss statement: The Beverage Stocktake Template helps you with preparing profit and loss statement, stock management and budget planning. With the help of the excel template you can easily prepare different types of graphs and charts. The template uses straight line figures and therefore makes it easy for you to manage your financial data.
Download Beverage Stocktake Template Example
Managing inventory: With the help of the beverage stock inventory control templates you will be able to track your inventory. You will be able to manage inventory based on current or historical sales figures. You will also be able to get an idea of your holding capacity based on the sales figures. Using the other templates in the Beverage Stocktake Template it is easy to handle stockroom, receiving and distributing and pricing.
How to use Beverage Stocktake Template
Begin with setting up your company, this template allows you to set country specific tax rate, currency. You can record the Unit of Measure, volumes and sizes for all type of alcoholic and non-alcoholic drinks.
After this, create inventory list which includes entering the beverage name, package details, single unit volume, unit of measure, cost per bottle, per shot and retail price per shot and per bottle. This template gives you the flexibility of establishing the correct measure of your stockline by defining the “Unit”. Once everything is recorded, you are ready for recording the opening stock and tracking stock movement, week by week. We recommend taking the stock at the same time/same day. This is a very simple and easy to use template hence training of your team members on “How to take the stock?” can be done easily.
This template gives you the exact variance by key lines of beverage inventory. You will have accurate stock take figures every week. You can also see the entire overview of your beverage stock on one page at any point of time in a month.
You can download these types of templates from the internet for free. You will however have to sign up as a free member in order to be able to download these free stock inventory control template sheets. This process is usually very simple and quick. After you sign up for the free membership, you will automatically be granted access to all the worksheets and spreadsheets that are available in the Google spreadsheets online. You will find that the free membership is quite reasonable and you will not regret having access to these valuable resources online.