An inventory list template is a tool to keep track and manage the stock of products or materials necessary for your business or home. Because it may be a home inventory list, or it can be an office inventory list which is already in the office, or it may be prepared containing names of inventory items which need to be purchased. An inventory list format is used for different purposes. Moreover, an inventory list will be prepared like a business document with proper heading on the top of the page along with the date when updated. The main contents on a sample inventory list for existing items will include item name, brand name, purchase price, buying year and date and estimated life of each item. Copies of the inventory list should be prepared and saved in different places for safety. The inventory list should be updated every year or after six months, depending on your needs. Benefits of Inventory List: The benefits of an inventory list include: You remain updated with the list of inventory you have. It is very helpful at the time of shifting It is helpful to file a claim from an insurance company in case of