All businesses that sell products rely on sales to function. If there are no sales, the company will not make profits and will be unable to continue operating. Therefore, it is important to know product sales status so that a business can know which products are selling and which are not.
A business needs to know about its sales to determine their effectiveness. When details like this are known, policies can be considered to help sales increase. A product sales record sheet is a document that can be useful here.
What is a product sales record sheet?
This sheet records product sales for a particular company within a specific timeframe and includes details about the products sold.
What does a product sales record sheet do?
The sheet notes down the names of the products that have been sold during a specific timeframe. The amount sold will be recorded. The sheet will include the unit price and total price of the product that has been sold. The sheet can record the sales that have occurred daily, weekly, monthly, etc. so that the company knows what is selling and which products are not selling.
The record sheet must be made so that those who need to fill it in will not find any difficulties doing this. The following are some tips that can help you make this sales record sheet:
Structure of sheet:
The document will need a heading, which can be “Product Sales Record Sheet.” The document can include the name and address of the business concerned. The timeframe that the document concerns needs to be noted as well.
Create table:
The information can be added easily to a table, and it will be simple to get details from it. You will make a table that will include details about product sales. There can be a column for serial number. A column for the name of the product will briefly contain its name. A column for specification will briefly state the specifications of the product, and you can include this column if applicable. There can be a column for each unit so that the amount of the product sold can be noted down.
A column for unit price will state the unit price of the product. You need to include a column for the total cost of each product so that this can be calculated for all products. At the bottom of the table, there will be a row for the total, where the total number of products sold and the total amount received from selling the products can be noted and recorded.
Signatures and date:
There can be an area where the name and signature of the person who has recorded the information can be noted down. An area for a date can be present as well.
It effectively records the product sales of a particular company
This record sheet is essential as it helps one effectively record the product sales of a specific company. The sheet will, therefore, let a company notice which products have high sales, those which are not selling much, and those that are not selling at all.
This way, the company can concentrate on advancing products with high sales. Marketing strategies can be developed to advertise products that are not selling too fast so that customers can learn about them and consider buying them.
The record sheet provides a company with details about product sales to make the process transparent. When sales are recorded, and all products are audited, it will be easier to determine whether there are any discrepancies in sales.
You can also determine if products are stolen when the number of products present does not match sales. Therefore, potential risks can be identified and fixed in real-time.
This sheet properly mentions the number of commodities sold out of stock and the selling price of each, in addition to the cost of manufacturing.
The sheets also include the details of the shops where certain products are displayed for sale. Another column will be dedicated to sales returns to keep track of the items returned. Finally, a column showing the transactions received is a must.
File: Excel (.xls) and iPad
Size 40 Kb
This record can be made daily or monthly, depending on the company’s requirements. In addition to keeping track of the sales trend, this sheet can also help organize the inventory and daily sales account easily and conveniently.
As this record sheet is systematically made, the numbers, dates, and product details, such as names, are correctly written in the column to be checked anytime and by anyone.
File: Excel (.xls) and iPad
Size 40 Kb
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