How to Create Inventory Control Sheets

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Inventory control sheets are specific documents that employees use to keep track of goods on hand. The form is often universal among all companies. Slight modifications, however, allow a business to use a control sheet best suited for its operations. Many different types of departments use inventory control sheets. A universal form used within a business reduces printing costs, and also reduces the amount of employee training for workers who use the form.

Create a generic header for the form near the top of the document. This can include the company’s name, the form name and a line for the department name, if desired.

Add lines for the inventory period, beginning inventory value, and worker name just below the header.

Draw six columns on the form. Add label headers for the inventory item number, item description, units on hand, per-unit cost and total cost for all items on hand.

List several rows beneath each of these column headers, for including multiple inventory items on one sheet. Provide enough row height for employees writing information in by hand.

Provide basic instructions for filling out the form, if necessary. Short instructions can go at the bottom of the form or be on a separate sheet altogether.

Tips & Warnings

  • Using a spreadsheet to create inventory control sheets can save time and provide a document for future use. Modifying the form is also easier than completely rewriting the sheet by hand.

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References

  • "Inventory Accounting"; David Spiceland, et al.; 2007
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