Average Landed Cost
Calculates average landed costs of products.
Key Highlights
Average landed cost calculating application for Odoo12 Community.- Calculates the average landed cost for each products.
- 'Compute Average' button for calculating average landed cost.
- Lists every average landed cost of products available in the selected transfer.
Overview
Landed costs include all charges associated to a good transfer like product cost, shipping charge, customs, risks etc. However, every component might not be applicable in every shipment, but relevant components must be considered as a part of the landed cost. Therefore, the business organizations have to identify landed cost to decide sales price of product as it directly impacts the company profits. Average Landed Cost application helps the end user to calculate the average landed cost of products before it gets applied on the product cost. The average is calculated using the Compute Average button set in the inventory module. Using this, the end user can easily calculate the product cost based on the average landed cost of each products.
Average Landed Cost
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Average landed cost calculating application for Odoo12 Community.
-
Calculates the average landed cost for each products.
-
'Compute Average' button for calculating average landed cost.
-
Lists every average landed cost of products available in the selected transfer.
Screenshots
After installation,open Inventory module and go to Configuration > Settings > Enable/Disable Landed Costs.
Then go to Inventory > Operations > Landed Costs and click on the “Create” button to create new one.
Then you have to select the Transfers(Purchase Order) on which you want to attribute additional costs and the costs lines you want to add up
Once it's done, click on the Compute button to see how the costs lines will be split across your transfers lines.
After that, click on the Compute Average button to see the average landed cost adding up for each products.
To confirm landed costs attribution, click on the Validate button and now you can see the status changed to posted state.
When you sell a product (selling quantity must be greater than the purchased quantity of the selected Transfer) the calculated average landed cost is adding up on the product cost. For instance, we purchased 10 quantity of product named ‘Product 1’. It’s purchasing price (Former Cost(Per Unit)) is Rs100 and its calculated average landed cost is 5.14.After selling 11 quantity of ‘Product 1’, the product cost gets changed to 105.14rs.
Video
Average Landed Cost Demo
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Need Any Help?
If you have anything to share with us based on your use of this module, please let us know. We are ready to offer our support.
Email us
odoo@cybrosys.com / info@cybrosys.com
Contact Us
www.cybrosys.com
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