Can I use excel to track inventory

Im looking for a simple inventory tracker ive tried a few templates in access but is to much going on and not that familiar on how to work it. So thought I could try excel

If I create a page that I either add or take an item out can I have another page tell me if im out or low on an item maybe if it falls below 1 or 2 qty ot should I keep trying access.

I looked at a few excell templates to but not quite what im after and not sure how to add what I want or create the formula to do it