A retail inventory template is a useful document which defines the relationship between the costs of merchandise and cost retail prices. It is a delicate way to achieve estimates about ending inventory balances. This method helps in obtaining a store’s total inventory value by taking the total retail value of the items which are available in inventory. In many companies, a retail inventory is required for receiving the precise value of all assets. It is a professional document highly used in the business field for tracking the retail price of all goods. Businessmen and managers can easily obtain a profitable ratio of items which can be received through selling of products and services. A retail inventory method is an accounting system or technique through which you can easily get knowledge about the actual cost of goods and adjustable price for reselling products the market. It is a unique value estimation method which is used by various organizations for identifying the valuable cost of goods and inventory items. Usually, its format includes company name, logo, date, time and a summary of prices of inventory after calculating all benefits along with the signature of authorities. It is a beneficial way of maintaining inventory levels for the completion of customer’s demands.