You can also use the equipment inventory template to store serial numbers, make and model numbers, and equipment location for a quick and ready reference. It’s easy to use-just enter your loan amounts (if applicable), costs and value, and the equipment list calculates monthly payments, costs, and depreciation. This equipment inventory tracker template can help.Īn equipment list template tracks both the financial and physical status of your important machinery. Knowing the condition of your company’s equipment is essential to keeping your business running. It is essential to learn how to keep track of equipment inventory. This template can be useful in creating office equipment inventory list, tools inventory list, tackle inventory list, hardware inventory list and many more. With this template, you can master the art on how to keep track of your equipment inventory. Download this equipment inventory template for free now. However, personal tracking of equipment can also be done with this template. We sought a range of inventory management software, not just those in a POS system or that work for retail.Ĭlick through the tabs below for a more detailed breakdown of our evaluation criteria.Equipment inventory list is a tracker based free excel template. In this evaluation, we prioritized those that are cloud-based and easy to use. We only considered forever-free inventory systems that also offer paid versions or add-ons at a price suited for small and midsize businesses (SMBs). How We Evaluated Free Inventory Management Software For already established businesses with existing systems and software, I would recommend signing up for one of Sortly’s paid plans. The less expensive Advanced Plan ($49 per month) has low-stock alerts and more entries and custom fields. However, upgrading to its Ultra plan ($149 per month) will allow you to have API integrations, generate custom barcodes, and use external/handheld scanners. Sortly provides in-depth access to its barcode scanning system even on its free plan. Sortly raised the price of its Ultra plan from $99 to $149 per month (discounted annual rates available). If you need an option with more included integrations, Square is your best bet. The software can only be installed on PCs and cannot integrate with any other programs automatically. It did well in pricing because it lets you track unlimited products by location but took a huge hit in ease of use for its dated interface and lack of live customer support. In our evaluation, ABC Inventory earned 3.58 out of 5. Neither Zoho nor Square come equipped with these manufacturing-specific tools. It has features like unlimited custom fields, 10 custom drop-down lists for extra properties, and up to 20 levels in its bill of materials (BOM).ĪBC Inventory offers dozens of features specifically for manufacturing inventory, such as work orders, approvals, repair and maintenance orders, and special serials for manufacturing or engineering. Prefer to use a spreadsheet to track your inventory for free? Download our free inventory management workbook to track on-hand stock, sales, and purchase orders (POs) as well as to calculate inventory turnover and set up low stock alerts.Īlthough a locally installed system with an older interface, ABC Inventory by Almyta Systems offers an excellent choice for budget-conscious manufacturers or repair shops with simple needs. Sortly: Best mobile inventory app with barcoding and scanning.SalesBinder: Best for small international businesses.ABC Inventory: Best for manufacturing and repair shops.Zoho Inventory: Best for large inventories.Square: Best for retailers and restaurants.While free inventory systems are more limited than their paid counterparts, we found free options with enough tools for small businesses to get started, forever-free subscriptions with options to upgrade, cloud-based functionality, and easy-to-use interfaces.īased on our evaluations, the six best free inventory management software for small businesses are: If you aren’t ready to invest in an inventory management system, consider the free options we explore in this guide. The best inventory management software, whether used on its own or with a point-of-sale (POS) system, should make it easy for businesses to track products, tools, and assets from production to sale.
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