Manufacturing Process Costing in Odoo

by
Odoo

105.58

v 14.0 Third Party 108
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Required Apps Manufacturing (mrp)
Sales (sale_management)
Inventory (stock)
Invoicing (account)
Lines of code 1261
Technical Name bi_odoo_process_costing_manufacturing
LicenseSee License tab
Websitehttp://www.browseinfo.in
Also available in version v 9.0 v 11.0 v 10.0 v 13.0 v 12.0
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Required Apps Manufacturing (mrp)
Sales (sale_management)
Inventory (stock)
Invoicing (account)
Lines of code 1261
Technical Name bi_odoo_process_costing_manufacturing
LicenseSee License tab
Websitehttp://www.browseinfo.in
Also available in version v 9.0 v 11.0 v 10.0 v 13.0 v 12.0

Process Costing in Manufacturing Odoo Apps

MRP Process Costing with Material Cost, Labour Cost and Overhead Cost Odoo Apps

Real Time Automated Manufacturing Process Costing based on Work Center Odoo Apps

Manufacturing Process Costing Odoo apps is use to calculate process costing of manufacturing and its workorder process with define labour cost and overhead cost from work center. This odoo apps helps to calculate Material Cost, Labour Cost, Overheads Cost for manufacturing and production orders when MO and workorder finished. Its calculates estimated costing and real costing both , estimated costing calculated on Bill of Material-BOM and real costing calculated on Manufacturing Order based on real-time consumption and actual quantity consumption on production order, So production manager can see difference of estimated costing and real costing to improve the productivity.You can also see the process costing calcualtion on Manufacturing order reports.


looking for MRP Process Costing with Accounting Entry Apps, please check below module link
Manufacturing Process Costing with Accounting Entry Odoo Apps.

Features

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.

Automated and Manual Costing Method.

Supported two different costing method, Manually costing method allow to add labour and overhead costing manually on BOM and Manufacturing order. Automated Costing works based on work-center and production user/manager can defined labour cost/hour and overhead cost/hour under work center and costing will be done according to that with real time consuming hours.

Automatically Pass or Calculate Material, Labour and Overhead.

When user try manually costing method then direct material cost, direct labour cost and direct overhead cost automatically passed from the BOM to Manufacturing Order. When user select Workcenter Process costing method, costing will be calculated real-time, material costing calculated based on consumed material with product cost, labour costing calculated with assign work center's labour cost/hour consumed time and overhead costing calculated with assign work center overhead cost/hour consumed time.

Print Costing Reports.

User can able to Print Process costing With BOM Report And Process costing With MO Report.

Supported Both edition.

This Apps supported Odoo Enterprise and Odoo Community Both Edition.

Process Costing Configurations

User can select manufacturing process costing method as "Manually" or "Work-Center" under Manufacturing > Configurations menu.

Costing Method 1. Manually Process Costing for BOM and MO

Bill of Materials - Direct Material Cost

If process costing configuration is "Manually" then user have to add all costing data manually, 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 then you can also add.

Bill of Materials - Direct Labour Cost

User can manually add Cost/Hour for Direct Labour Cost and Direct Overhead Cost and this costing will pass to MO from BOM.

Bill of Materials - Direct Overhead Cost

You can configure Direct Overhead Cost on Bill of Materials.

Bill of Materials Costing

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

Create Manufacturing Order

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

Manufacturing Orders Costing

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

Create Manufacturing Workorder

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.

After done work order user can manufacturing order costing.

Manufacturing Costing

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

Automated Work-Center Process Costing on Odoo Enterprise Edition

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 - Direct Material Cost

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

If you want to add direct material cost manually then you can also add.

Bill of Materials - Direct Labour Cost

User can see Cost/Hour of Direct Labour Cost and Direct Overhead Cost will be automatically taken from the Cost/Hour define on work center.

Bill of Materials - Direct Overhead Cost

You can configure Direct Overhead Cost on Bill of Materials.

Bill of Materials Costing

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

Create Manufacturing Orders

When you create manufacturing orders from BOM 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.

If you want to add direct material cost manually then you can also add.

Manufacturing Orders Costing

Here you 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.

Tree View Of Work Order

Process Workorder

User can see on click of "MARK AS DONE" button, workorder is finished and can see "Real Duration" of work order.

User can see actual quantity of direct material cost.

User can see actual hour of direct labour cost and manufacturing overhead cost.

User can see Actual Hours will be consider as real time processing hours.

Manufacturing Costing

Automated Work-Center Process Costing on Odoo Community Edition

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 - Direct Material Cost

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

If you want to add direct material cost manually then you can also add.

Bill of Materials - Direct Labour Cost

You can configure Direct Labour Cost on Bill of Materials.

Bill of Materials - Direct Overhead Cost

You can configure Direct Overhead Cost on Bill of Materials.

Bill of Materials Costing

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

Create Manufacturing Orders

When you create manufacturing orders from BOM 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.

If you want to add direct material cost manually then you can also add.

Manufacturing Orders Costing

Here you 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.

Tree View Of Work order

Workorder Form View

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

Manufacturing Actual Costing

Bill of Materials Report

Here you can print report for Bill of Materials.

BOM Report View

Manufacturing Orders Report

Here you can print report for Manufacturing Orders.

Manufacturing Report View

Update Product Quantity

Click on Update button to update quantity on Manufacturing order.

Update Product Quantity Wizard

Updated Product Quantity

When you update qty on Manufacturing order it will auto update all cost lines based on that.

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