Knowing how to use litbuy spreadsheet effectively can transform a chaotic pile of supplier price lists into a clean, profitable inventory system. This tutorial covers every feature from the moment you open the file to the daily habits that keep your data accurate. You will learn filtering, formula usage, dashboard navigation, and team collaboration. If you are brand new, start with the litbuy spreadsheet beginner guide first. Otherwise, jump straight in. You can always return to the litbuy spreadsheet homepage for more guides.
Quick Answer
To use litbuy spreadsheet, download the template, enter product data into pre-labeled columns, let built-in formulas calculate margins, and filter by category or profitability to make fast buying decisions.
Understanding the Tabs
The template is organized into tabs. Each tab serves a different part of your workflow. Mastering these tabs is the key to speed.
- Inventory — The main data entry tab. Columns include SKU, name, category, cost, sell price, margin, stock, and notes.
- Dashboard — A read-only summary that auto-updates from the Inventory tab. Shows total SKUs, average margin, and category breakdown.
- Import — A staging area where you paste supplier CSV data before mapping it to the main Inventory columns.
- History — Tracks price changes and restock events. Useful for spotting supplier price creep over time.
Using Filters and Sorting
Filters are the fastest way to find actionable insights. Click the filter arrow on any column header to reveal options.
| Action | Result | Use Case |
|---|---|---|
| Filter by Category | Shows only selected vertical | Buying only Shoes this week |
| Sort by Margin | Highest profit first | Prioritize restocking winners |
| Filter by Stock | Shows low or zero stock | Identify urgent reorders |
| Sort by Date | Newest entries first | Review recent additions |
Formula Deep Dive
You do not need to write formulas manually, but understanding them helps you customize the sheet. Here are the core formulas built into litbuy spreadsheet.
Margin Calculator
=(SellPrice - Cost - Fees) / SellPrice. Automatically updates when you edit cost or price.
Total Inventory Value
=SUM(Cost * Stock) across all rows. Shown in the Dashboard tab.
Category Count
=COUNTIF(CategoryColumn, "Shoes") lets you track how many SKUs per vertical.
Profit Projection
=Margin * Stock * SellPrice shows potential revenue if everything sells at target price.
Daily Workflow Tips
Speed comes from routine. Here is a suggested daily and weekly rhythm that keeps your data clean without eating your whole day.
- Morning check — Open the Dashboard tab. Verify total stock value and spot any category with zero items.
- New inventory — Add new supplier items to the Import tab first. Validate costs, then push to Inventory.
- Weekly review — Sort by margin and identify the bottom 10%. Consider dropping low performers or negotiating lower costs.
Frequently Asked Questions
Yes. Copy and paste supplier CSV exports into the import tab. Map columns once, and future imports auto-align.
Put It Into Practice
You now know how to use litbuy spreadsheet at an intermediate level. From tab navigation to formula logic and daily habits, this tutorial gave you a complete operational playbook. The litbuy spreadsheet workflow article expands these ideas into long-term routines. Download the template and run through one full product entry right now.