Manufacturing Lot Costing With Accounting Entry

by
Odoo

598.79

v 12.0 Third Party 1
Live Preview
Required Apps Inventory (stock)
Manufacturing (mrp)
Invoicing (account)
Purchase (purchase)
Sales (sale_management)
Included Dependencies
Lines of code 1863
Technical Name bi_lot_costing_with_accounting
LicenseSee License tab
Websitehttps://www.browseinfo.in
Also available in version v 13.0
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Required Apps Inventory (stock)
Manufacturing (mrp)
Invoicing (account)
Purchase (purchase)
Sales (sale_management)
Included Dependencies
Lines of code 1863
Technical Name bi_lot_costing_with_accounting
LicenseSee License tab
Websitehttps://www.browseinfo.in
Also available in version v 13.0

Manufacturing Lot Costing With Accounting Entry inculding Process Costing Odoo Apps

Product Activity Based Costing - Production Lot Costing for MRP with Accounting Entry Odoo Apps

MRP Product lot costing with Accounting Entry Odoo Apps helps to manage complete manufacturing process costing with lot number and generate accounting entry according to the lot number specific costing. These apps are useful to calculate activity based costing for the complete manufacturing process and follow accounting entry according to manufacturing lot costing, and pass all process costing to the final production goods via WIP. This costing process also includes raw material costing with landed cost and calculate material cost on production orders. This apps is show complete cycle of production costing with accounting using lot number, when raw material is purchased it's recorded purchase unit cost on received lot number , when this raw material is consumed on production selected lot numbers costing passed to the material costing of the finished goods/wip and also cover overhead cost, machinery cost , labour cost etc all process costing to the final lot number which helps to see final total costing of the lot number and user can deliver those lot number to the specific customer according to the costing of lot. This app is very useful for the food manufacturing industry to manage costing based on lot number. This all process also affects accounting entry according to the costing calculated on the production orders.

Features

Generates serial/lot number.

You don't have to create serial/lot number manually,it will create number automatically as per configuration like global or product wise.

User can set digit and Prefix

You can set number prefix and digit as per wish for serial no.

Material Costing, Labour Costing and Overhead Costing for Production.

User can add direct material cost, direct labour cost and direct overhead cost in Bill of material as well as on Production order.

Total Process Costing for Bill of Material and Manufacturing.

Display total costing for direct material cost, direct labour cost and direct overhead cost in Bill of material as well as on Production order.

Product Purchase Costing On LOT.

User can manage product purchase costing based on lot number.

MRP Production Costing on LOT.

User can manage manufacturing production costing based on lot number.

MRP Costing Reports.

User can able to print process costing With BOM report and process costing With MO report.

Generate Stock Journal Entry.

Stock journal entry will generated for costing.

Product Costing for Purchase with LOT Number

Purchase Configuration

User have to select product traceability and Inventory Valuation as Automated.

Purchase Order

Incoming Shipment

In detailed operation wizard user have to enter new lot number for product.

User have to validate incoming shipment.

Landed Cost

User can create landed cost with same incoming shipment created before.

Click on "Compute" button and validate landed cost.

Purchase Costing on LOT

User can see "Purchase Costs/Uom" same as entered in purchase order and "Landed Costs/Uom" same as entered in landed cost.

Stock Journal Entry

User can see created stock journal entry.

Production Costing for BOM and MO with LOT Number

Process Costing Configurations

User can select manufacturing process costing method as "Manually" or "Work-Center" and MO serial number Apply method as "Global" or "Product Wise" under Manufacturing > Configurations menu.

Costing Method 1. Manually Process Costing for BOM and MO

Bill of Materials - Components

User can see that here product with same serial number selected that purchased before.

Bill of Materials - Direct Material Cost

Here user can see that direct material cost automatically added based on components of the Bill Of Material.

If user want to add direct material cost manually.

Bill of Materials - Direct Labour Cost

User can configure Direct Labour Cost on Bill of Materials.

Bill of Materials - Direct Overhead Cost

User can configure Direct Overhead Cost on Bill of Materials.

Bill of Materials Costing

User can see total cost of Material,Labour and Overhead.

Manufacturing Order

When user create manufacturing order then selected BOM's Direct Labour Cost and Direct Overhead Cost will be filled automatically on manufacturing order.

Direct Material Cost will be filled automatically based on Consumed Materials of manufacturing order.

User can also add direct material cost manually.

MO - Direct Material Cost

MO - Direct Labour Cost

MO - Direct Overhead Cost

Manufacturing Orders Costing

Here user can see total cost of Material,Labour and Overhead.

Create Manufacturing Work Order

By clicking on Create Work orders button, Work order will be created with Direct Material Cost, Direct Labour Cost and Direct Overhead Cost.

Work order

Click on work orders smart button to view created work orders.

Workorder Form View

User have to enter "Actual Hour" in work order.

Manufacturing Actual Costing

Manufacturing Costing

Production Costing on LOT

User can see production costing on lot number with Material Costs/Uom, Labour Costs/Uom, Overhead Costs/Uom and Lot Cost/Uom.

User can see consumed product 's costing also affected.

Journal Entry

User can see generated stock journal entry.

Costing Method 2. Automated Work-Center Process Costing with Real Time

Work Center Configurations

User have to enter "Overhead Costs per hour" and "Labour Costs per hour" in work center, and all the costing lines will be added automatically in bom based on actual costing fields of work center.

Bill of Materials - Components

Bill of Materials - Direct Material Cost

Here user can see that direct material cost automatically added based on components of the Bill Of Material.

If user want to add direct material cost manually.

Bill of Materials - Direct Labour Cost

User can configure Direct Labour Cost on Bill of Materials.

Bill of Materials - Direct Overhead Cost

User can configure Direct Overhead Cost on Bill of Materials.

Bill of Materials Costing

User can see total cost of Material,Labour and Overhead.

Manufacturing Order

When user create manufacturing order then selected BOM's Direct Labour Cost and Direct Overhead Cost will be filled automatically on manufacturing order.

Direct Material Cost will be filled automatically based on Consumed Materials of manufacturing order.

User can also add direct material cost manually.

MO - Direct Material Cost

MO - Direct Labour Cost

MO - Direct Overhead Cost

Manufacturing Orders Costing

Here user can see total cost of Material,Labour and Overhead.

Create Manufacturing Work Order

By clicking on Create Work orders button, Work order will be created with Direct Material Cost, Direct Labour Cost and Direct Overhead Cost.

Work order

Click on work orders smart button to view created work orders.

Workorder Form View

User have to enter "Actual Hour" in work order.

Manufacturing Actual Costing

Manufacturing Costing

Production Costing on LOT

User can see production costing on lot number with Material Costs/Uom, Labour Costs/Uom, Overhead Costs/Uom and Lot Cost/Uom.

Journal Entry

User can see generated stock journal entry.

Product Costing for Sales with LOT Number

Sales Order

Delivery Order

User can see created delivery order.

User have to enter serial number for product.

Sales Costing on LOT

User can see sales costing on lot.

Journal Entry

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