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Inventory Audit

  1. #1
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    Inventory Audit

    Hi,

    I'm trying to create a spreadsheet to audit items that need to be re-ordered on a weekly basis.

    I have a number of columns that relate to:
    • 1st Monday of the week
    • Optimum Stock Level
    • Stock on Hand

    I have about 30 different items that need to be counted and entered in. However, I'm trying to find a formula that will allow the current stock on hand to be deducted from the optimum stock level for that particular week. Sounds easy so far.

    However, I need to keep track of the re-order qty so the forumla needs to look at the current date and calculate which weekly column it needs to updated. All I've got so far is that when I enter the current stock on hand it updates ALL cells - which isn't much use. I've tried to mess around with the DATEDIF() function, but didn't get anywhere.

    I've attached an example.......

    I'm not sure whether this is a 'simple' Excel formula or whether a macro is needed, but any assistance will be greatly appreciated.

    MAny thanks,
    Simon
    Attached Files Attached Files

  2. #2
    Forum Expert etaf's Avatar
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    Re: Inventory Audit

    just so I understand the formula

    the optimum quantity in stock - you enter and set
    the stock level you also enter and tells you the stock as of the time/date you enter the value

    so now you need to know how many to order
    in the example 20 need to be ordered

    what are the other dates telling you and how do they relate to the stock levels

    lets take the 11th november

    you have 5 for 4th november and 15 for the 11th november what do they mean ?
    you seem to be
    taking away A and B
    so optimum stock and stock level - which = 20
    and then you are also taking away the 5 from 4th November ?

    you also have amounts for future dates - so 1st monday this week is 2nd December yet you have amounts in the future

    anyway

    if you only want it to complete cells that are before the next cell date
    only the cell up to 2nd Dec will be completed until the date of today is the 9th Dec

    try using
    =IF( TODAY()>=E1, ($A2-$B2)-D2,"")

    see example
    Attached Files Attached Files
    Wayne
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  3. #3
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    Re: Inventory Audit

    Hi,

    I'm not too worried about the formula to calculate the re-order level and the future qty are based on me not being able to get the right formula to calculate the dates

    My problem is to get the right Column, based on date, completed.

    I tried that formula, but it changes ALL columns prior to todays date......

    The logic needs to be:

    If Todays date is equal to column date or less than the next column date then make the calculation
    If Todays date is greater than column date, then move to next column

    I think thats how it needs to work.....

    Thanks again.....

  4. #4
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    Re: Inventory Audit

    I think it's going to be something like this:

    =IF(AND(TODAY()>=E2,(TODAY()<F2)),($A3-$B3))-D3

  5. #5
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    Re: Inventory Audit

    Anyone got any bright ideas???

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