$ 88.85
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Inventory (stock)
• Invoicing (account) • Discuss (mail) • Purchase (purchase) |
Lines of code | 418 |
Technical Name |
sync_avg_stock_landed_cost_auto |
License | OPL-1 |
Website | https://www.synconics.com |
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Inventory (stock)
• Invoicing (account) • Discuss (mail) • Purchase (purchase) |
Lines of code | 418 |
Technical Name |
sync_avg_stock_landed_cost_auto |
License | OPL-1 |
Website | https://www.synconics.com |
Landed Cost on Average Costing
-
Average Landed Cost is the calculated value of your stockable products, using the Average Costing method.
Formula: Total Costs / Total Units on Hand.
What is included in your Landed Cost?
- The costs incurred in transporting an stockable item from the place of purchase to our premises. These might include: freight, insurance, duties, and so on. Landing costs should be included in the value of the stock; e.g. you might pay $100 to your supplier for an stockable item, but it also costs a further $50 in freight.
This module is compatible with
-
Community
-
Enterprise
-
Odoo.sh
How is Average Cost calculated?
- The Average Cost is a costing method; it is equal to the total cost / the total stock on hand.
This application enables automatic update of product cost prices for average costing methods. Product cost prices will be updated when stockable product is purchased, received and when landed cost is applied on that receipt picking.
Key Features
- Calculate Landed cost when product Costing Method is Average Cost (AVCO).
- Application is compatible with community as well as enterprise.
- Calculation is calculated as per Odoo standard logic.
Configuration
Create Product Category by going to Inventory -> Configuration -> Products -> Product Categories. Fill details like Costing Method, Inventory Valuation and Account Stock Properties.
Inventory Valuation:
- Costing Method : Average Cost (AVCO)
- Inventory Valuation : Automated
Account Stock Properties:
- Set 'Current Assets' type of account in Stock Input Account, Stock Output Account, Stock Valuation Account and Stock Journal.

Set Product Category in Product to Calculate Product Cost according to average costing method.

Order Generation
Create A Purchase Order for product with category of average cost costing method.
Confirm that order and create a receipt (Picking).

Receipt Generation
Transfer Receipt (Picking) to receive product quantity and update product cost price.

Now we can see, Product Cost is updated as per Average Costing Method.

Apply Landed Cost
Create landed cost for transferred receipt (picking) and Validate it.

Product cost is updated as per average costing method after applying landed cost.

Free Support
2) If an error appears in our app due to other custom modules installed in your system, we will charge for our efforts to resolve those errors.
3) Please refer the document for configuration. If you need our support for configuration, please request our paid support.
4) Please note that you are not allowed to distribute or resell this module after purchase.
5) This module is tested and working on Odoo vanilla with Ubuntu OS.
Get Help & Support
Our Services
Our Contact Details
E-mail : contact@synconics.com | Skype : synconics.technologies | Mobile : +91-942-686-4274Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
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