How to Calculate an Inventory Balance Using FIFO. Since the price of products continually changes due to inflation and consumer demand, valuing current inventory can be challenging.

You can use Excel to record, arrange and calculate different data sets on your own or with built-in algorithms. One potential use of the spreadsheet system is the generation of an inventory sheet ...

Running totals are used to update totals within a series in Microsoft Excel. For instance, you might use a running total to track an account balance, enrolling students, or even inventory. Usually ...