Inventory Management Using Tables in Single Excel Sheet

How to create an inventory management system using tables in a single Excel worksheet. Last time we learnt how to create an inventory solution using tables. We used four worksheets called itemslist, received  (goods), issued (items) and stock (in hand). But tables are dynamic and flexible objects. We can use four separate tables in a single worksheet to find an inventory solution. Watch the video below:

The formulas used in the worksheet are as follows:

For Received Goods (table2):

to get description from the Items List (Table1): =VLOOKUP(G4,Table1,2,FALSE)

to get the unit from Items List (Table1): =VLOOKUP(G4,Table1,3,FALSE)

For Issued goods (Table 3):

to get description from the Items List (Table1): =VLOOKUP(G4,Table1,2,FALSE)

to get the unit from Items List (Table1): =VLOOKUP(G4,Table1,3,FALSE)

For Stock (Table 4):

to get description from the Items List (Table1): =VLOOKUP(G4,Table1,2,FALSE)

to get the unit from Items List (Table1): =VLOOKUP(G4,Table1,3,FALSE)

to get Total Quantity Received: =SUMIF(Table2[Sr No],[@[Sr No]],Table2[Qty Received])

to get Total Quantity Issued: =SUMIF(Table3[Sr No],[@[Sr No]],Table3[Qty Issued])

 

Further Reading:

10 reasons to use Excel’s table object

 

Published by

Dinesh Kumar Takyar

Welcome to exceltrainingvideos.com! My aim is to help you learn MS Excel including VBA. I always felt that a good way to learn something was to find solutions to problems in that domain. That is why I share these Excel videos with you. Mostly these are questions asked during my corporate training sessions. I've been training individuals and companies in computers since 1991. I did my B. Sc. (Vordiplom), M. Sc. (Diplom) and Ph.D. (Dr. rer. nat.) from Hamburg, Germany. The best thing about solving some of my visitor's questions is that I also gain new insights. For more Excel VBA solutions you may like to visit my YouTube channel: http://youtube.com/familycomputerclub For a structured Excel VBA training course online you can visit: https://www.youtube.com/excelvbaonline

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