The Excel inventory system is one of the most popular ways to create an inventory system. Suppose you are running an eCommerce business, a small business, or a brick-and-mortar store.

Excel spreadsheets are invaluable tools in keeping track of accounts, inventory, employee work hours and countless other types of information.

You can create a spreadsheet in Excel that tracks income, stock, orders or other data across each day of the week, month or year.

Microsoft Excel can save you time in lots of little ways, like adding a drop-down list to cells so that only pre-written text can be entered.

Adding a drop-down list in Excel is a quick and efficient way to choose predefined data. Here's how to create a drop-down list in Microsoft Excel.