What I do is copy the set price guide from TCGPlayer.com (
http://magic.tcgplayer.com/magic_price_guides.asp) and paste that into Excel. I then do the following formula in a new column: =CONCATENATE(4, ' ', <cell number>) where <cell number> is the first cell with a card name (usually A2). I then just autofill that down all the way and paste that into Deckbox as a deck so I can track my acquisition of a playset.
You could do something similar to just add the inventory, making sure that you get the column headers correct before importing.