Download our FREE craft seller inventory spreadsheet to get your materials, products, orders and costs under control.
Join the Craftybase mailing list and we'll send you our craft inventory spreadsheet template for free! We typically send 2-4 emails a month about small batch production topics which we hope are useful to our readership.
An inventory spreadsheet is a document (usually in Excel or Google Sheets) that helps you track the materials, products, and stock levels in your business. For small manufacturers and handmade sellers, a good inventory spreadsheet goes beyond simple stock counts — it also tracks material purchases, manufacturing costs, and cost of goods sold (COGS) so you know your real margins.
It's a fact: inventory tracking improves both your business and your bottom line — as a handmade maker it's one of the best decisions you can ever make for your business. This easy to use inventory spreadsheet template is designed to help you with the very basics of tracking your materials, products and orders to get you started on your inventory journey. Download our free template today and save yourself the time of creating your own spreadsheet from scratch!
Designed for any crafter that makes their own products in-house: jewellers, soapmakers, beaders, candlemakers and more!
Great for Etsy sellers needing a free and easy craft inventory spreadsheet solution.
Download our free craft seller spreadsheet today to take control of your inventory, so you can spend time on doing the things you do best!
Map out your handmade maker process quickly and easily: see at a glance your current material and product stock levels.
We know every production process is different, our craft inventory spreadsheet template allows you to work in any unit of measure you require.
Use our template to automatically generate the numbers you need: cost per batch, unit cost and COGM.
This spreadsheet is designed to be a simple, periodic excel based system that will help you understand the fundamentals of inventory tracking and encourage good stock tracking habits.
To get started with the spreadsheet, if you haven't already downloaded it, enter your email address above. This will send you an email with a link to download the spreadsheet as a zip file. Once unzipped, the spreadsheet can be opened and used in both Excel and Numbers for Mac.
Once you have opened your spreadsheet in your spreadsheet program of choice, you'll see that it is divided into 7 tabbed sheets, each for a different area for tracking your inventory usage: Material Inventory, Personal Use, Purchases, Manufactures, Product Inventory, Orders and Reports.
The spreadsheet is designed to be used over the course of a single calendar year as it calculates your start and end of year inventory values. Once you have reached the end of the year, you'll want to create a new version for the next year, copy over your product and material tabs and then update stock levels and starting numbers.
Important note: Some columns are calculated and should not be edited - they are marked as a light turquoise color.
This sheet is for recording a complete inventory of your materials. The cost of these items are then factored into your estimated start of year inventory value*. You can also use this sheet to record your current stock of each material to see at a glance your stock status levels.
The sheet has 11 columns:
SKU This is an optional column for you to use if you have unique codes for each of your materials. [What is a SKU?](/blog/what-is-a-sku)
Name The name for your material that identifies it clearly (i.e. Blue Buttons 1.5")
Description A brief description of the material, used for identification purposes.
On Hand Qty This is the amount of this item you currently have on hand. You'll want to try and stocktake regularily to ensure that this number is as up to date as possible. [Learn about cycle counting](/blog/inventory-what-is-a-cycle-count)
Stock Status This is a calculated column that will show you at a glance which of your materials are in stock and which are out of stock.
Starting Quantity This is used for your start of year inventory valuation calculations. Enter the amount you had on hand of this material as of the start of the year (Jan 1). If you don't want to track your inventory valuation, you can leave this blank.
Unit Cost: This is the cost to purchase this material for a single tracking unit. You'll want to ensure that this is the fully landed material cost (which is a cost that includes shipping and discounts applied to the purchase order).
Starting Inventory Value This is a calculated column, do not edit. This is used to calculate your total inventory value for the material from your starting quantity and unit costs.
Tracking Unit You can use this column to describe how you are tracking the material so that it is clear how the unit cost is calculated. You'll want to generally use the unit you manufacture in to make your manufacture cost calculations easier. Examples of tracking units are sq inches, beads, cm, bottles.
Preferred Vendor A place to note the vendor you purchase this material from the most (detailed purchase history is logged under your Expenses tab).
This sheet is designed for logging all materials you have withdrawn from your inventory to use personally. It ensures that you are not claiming for materials you did not use directly in creating your products.
Date Removed The date you officially removed this stock from your inventory to use personally.
SKU The SKU for the material that has been removed.
Name The name of the material that has been removed from inventory.
Description A brief description of the material that has been removed from inventory.
Unit Cost The calculated unit cost (landed) for the material that has been removed. This is for a single tracking unit (i.e. bead, sq inch).
Quantity Used The total quantity removed from your inventory, tallied in the tracking unit you have defined for this material.
Total Cost The total cost of the material removed from inventory. This is a calculated column, do not edit.
This sheet is for logging the details of each of your material purchases so that you have a full record and can factor in the total you have bought during the year to your end of year inventory value.
You'll want to ensure that you create a new row for each material purchased - so if you have bought 5 different items from the same supplier, this would be entered as 5 rows in this sheet.
Purchase Date The date that the material was purchased.
SKU The SKU for the material.
Name The name of the material.
Description A brief description of the material, if SKU / Name is not enough to uniquely identify the material.
Vendor The company you purchased this material from.
Item Total Cost (ex Shipping, Tax) This is the total you paid for the item, not including any shipping, tax or discounts applied to the total expense (this gets included separately as a proportional amount).
Quantity Purchased How many tracking units of this material you purchased.
Shipping Cost (proportional) This is the proportional amount of shipping applied to the individual item. It can be calculated however you feel best suits the distribution of the shipping amount across the items in the order. For example, you might use relative cost or weight to determine this.
Tax (proportional) The calculated tax per material purchased. If this is not tallied directly per item in your expense, you'll want to again use a proportional calculation based on price to determine this amount.
Total Cost (inc Shipping) This is a calculated column, do not edit.
Unit Cost This is a calculated column, do not edit.
Landed Unit Cost This is a calculated column, do not edit.
This sheet is designed for you to record the creation of any products you make so you can track your material usage and costs.
You can either create a new row for each material you have used to create the product so that you can calculate total material usage for each, or calculate the total outside of the spreadsheet and enter a single row for the whole manufacture.
Manufacture Date The date on which you created the product.
Product SKU The SKU of the product created.
Product Name The name of the product created.
Material SKU The SKU of the material used to create the product.
Material Name The name of the material used to create the product.
Unit Cost The cost for the material in your chosen tracking unit (i.e. sq inch, bead, ounce)
Quantity Used The total quantity of tracking units consumed of this material. This is the amount you'll want to decrease your stock on hand by over on your Materials Inventory tab.
Total Material Usage Cost This is a calculated column, do not edit.
This sheet is for recording a complete inventory of your products. The cost of these items are factored into your estimated start of year inventory value*. You can also use this sheet to record your current stock of each product to see at a glance stock status levels.
SKU The SKU for your product.
Name The name of your product.
Category The category for your product, if you wish to track categories.
Description A brief description of your product.
Unit Price The retail price that you charge for a single quantity of this product.
Starting Quantity This is used for your start of year inventory valuation calculations. Enter the amount you had on hand of this product as of the start of the year. If you don't want to track inventory valuation, you can leave this blank.
On Hand Qty This is the amount of this item you currently have on hand. You'll want to try and stocktake regularily to ensure that this number is as up to date as possible.
Stock Status This is a calculated column that will show you at a glance which of your materials are in stock and which are out of stock. Do not edit.
Manufacture Cost The cost of materials to create a single unit of this product. You can use the manufacture sheet in order to tally this number.
Starting Inventory Value This is a calcuated column, do not edit.
Current Inventory Value This is the current value of your product stock. Calculated column - do not edit.
This sheet allows you to record all sales of your products. Recording the estimated material manufacture cost for each will help you in tallying your COGS for the year.
Each product sold should be created as a seperate row in this sheet so that manufactures and unit costs can be tallied for each.
Order Date The date that the order was placed.
Order ID Your unique identifier for the order.
SKU: The product SKU sold.
Name The name of the product sold.
Unit Price How much the product was sold for per item, not including shipping.
Quantity Sold The total quantity sold of the product.
Unit Manufacture Cost The estimated manufacture cost for this product per unit.
Total Manufacture Cost The total manufacture cost of all quantities ordered. Calculated column - do not edit.
Total Price The total price for all quantities of the product ordered. Calculated column - do not edit.
Tax The proportional amount of tax applied to this item in the order. This is best calculated based on the item total.
Shipping The proportional amount of shipping applied to the item in the order. This is best calculated as either the price or the individual weight of the item.
Grand Total The grand total for this line item of your order. Calculated column - do not edit.
This sheet tallies up the important revenue, expense and inventory tallies you'll want to be tracking through the year. All tallies are calculated - do not edit.
*All inventory calculations in the spreadsheet are based on your own material unit cost calculations made during the year, so you'll want to ensure that they are as accurate as possible.
A handmade seller inventory template is a pre-designed document that allows sellers of handmade goods to keep track of their inventory. It typically includes fields for product name, description, quantity, price, and any other relevant information about the item. This template can be used by individual sellers or small businesses who create and sell handmade products.
1. Organize your inventory
Keeping track of inventory can be overwhelming, especially for handmade sellers who often have a wide variety of products. Using an inventory template allows you to keep all your product information in one place and easily update it as needed.
2. Track sales and profits
With an inventory template, you can also record sales and calculate profits for each item. This information can be used to analyze which products are selling well and which ones may need adjustments or promotion.
3. By regularly updating your inventory template with sold items, you can easily see when it's time to restock on popular products. This helps prevent stock shortages and ensures that your customers will have access to their favorite items.Plan for restocking
By regularly updating your inventory template with sold items, you can easily see when it's time to restock on popular products. This helps prevent stock shortages and ensures that your customers will have access to their favorite items.
4. Simplify tax preparation
For small businesses, keeping track of inventory is essential for tax purposes. An inventory template allows you to easily see your total product costs, sales, and profits, making tax preparation much simpler.
Craft Inventory Spreadsheets can be a great starting point for extremely small scale handmade crafters starting out, however it's unfortunately not a solution that will help you grow and take your business to the next level. Spreadsheets can quickly get out of control and difficult to maintain - as you start to gain sales and expand your manufacturing, you'll eventually need to upgrade to something more robust which will mean lots of work backdating data and learning new systems: all at a time when your business needs you fully on board.
Craftybase has been working with thousands of handmade sellers just like you over the last 13 years creating and refining the perfect set of features that handmade sellers need in a fully automated bookkeeping system. For one thing, we focus hugely on inventory tracking: this is one of the most important things a small manufacturing business needs to be on top of and is often the most neglected and poorly managed. Whilst simple excel spreadsheets can be helpful to see your incomings and outgoings and guestimate your stock values based on rough averages, it's not so useful at tax time for a handmade business when you need accuracy.
Craftybase contains all of the features you need in one tidy, cost effective package and features instant daily importing from several popular sales channels, including Etsy.
A small business inventory spreadsheet should include columns for item name or SKU, description, quantity on hand, unit cost, total value, reorder level, and preferred supplier. For handmade sellers and small manufacturers, you'll also want separate tabs for raw materials, finished products, and manufacturing costs — so you can track what you have, what you've made, and what it cost you to make it. Our free craft inventory template includes all of these tabs out of the box.
To track inventory in Excel for a handmade business, you need at minimum three separate sheets: one for raw materials (name, quantity on hand, unit cost), one for finished products (name, quantity, manufacture cost, selling price), and one for orders (date, product sold, quantity, revenue). Each time you make a product, you manually deduct materials and add finished goods. Each time you sell, you deduct from finished product stock. Our free spreadsheet template has this structure pre-built — download it and fill in your own items to get started in under 30 minutes.
An inventory spreadsheet is a manual file (Excel, Google Sheets) where you enter every transaction yourself. Inventory software like Craftybase automates this — it imports your orders directly from Etsy and Shopify, automatically deducts materials from stock as you manufacture, and calculates your COGS without any manual data entry. A spreadsheet is a great starting point for very small volumes, but once you're managing 20+ materials or selling across multiple channels, the manual updates become a full-time job. That's when software pays for itself quickly.
Yes — our free craft inventory spreadsheet includes built-in COGS calculations. You record your material purchases and quantities, log your manufacturing runs with material usage, and the Reports tab tallies your cost of goods manufactured for the year. This gives you the numbers you need for Schedule C at tax time. The limitation is accuracy: the spreadsheet relies entirely on your manual entries, so any missed purchase or forgotten manufacture run will skew your COGS. For makers who want reliable numbers without the manual discipline, Craftybase automates all of this from your sales channel data.
The key is to use separate tabs for materials and finished products rather than mixing them in a single sheet. Our free spreadsheet template has a Material Inventory tab (tracks raw supplies — beads, wax, wire, fabric) and a separate Product Inventory tab (tracks finished items ready to sell). A third Manufactures tab links them: when you make a batch of products, you log the materials used so both tabs update correctly. This three-tab structure is the minimum you need to track both sides of your inventory without the numbers getting confused.
Most makers outgrow a spreadsheet when they cross one of these thresholds: more than 25 active materials to track, selling on more than one channel (Etsy plus Shopify, for example), or spending more than 2 hours a week on manual data entry. At that point, the spreadsheet is costing you more in time than dedicated inventory software would cost in dollars. Craftybase handles everything the spreadsheet does — automatically, with no manual entry required. You can start with the free spreadsheet today and migrate to Craftybase when you're ready to stop managing inventory by hand.
Ready to take control of your craft inventory? Download our free spreadsheet template and start tracking today.