Process Costing in Manufacturing Process with Accounting

by
Odoo

240.73

v 14.0 Third Party 3
Live Preview
Required Apps Invoicing (account)
Manufacturing (mrp)
Inventory (stock)
Included Dependencies
Lines of code 1778
Technical Name process_costing_manufacturing_accounting
LicenseSee License tab
Websitehttp://www.probuse.com
Also available in version v 12.0 v 13.0
You bought this module and need support? Click here!
Required Apps Invoicing (account)
Manufacturing (mrp)
Inventory (stock)
Included Dependencies
Lines of code 1778
Technical Name process_costing_manufacturing_accounting
LicenseSee License tab
Websitehttp://www.probuse.com
Also available in version v 12.0 v 13.0

Process Costing in Manufacturing Process with Accounting Entry

Process Costing Manufacturing Process with Accounting - Odoo App

This app allow you to create accounting entries for process costing (Material Cost, Labour Cost, Overheads) for manufacturing orders.

Main Features:
  • Allow you to configure "Process Costing Accounting Templates" under configuration.
  • On accounting template you can setup whether you want to create Accounting Entry on When Production Done or Manually.
  • This app allow you to configure your own accounting templates and use that template during manufacturing order for process costing accounting.
  • On accounting templates you will have to configure whether you want process costing accounting when production order done or you want to create it manually. And so based on your setup it will create accounting entries.
  • On manufacturing order you can select accounting template for process costing and based on that it will fill up accounting entry lines. On "Process Costing Accounting" tab on Manufacturing order you can select Accounting Template and once you select accounting template it will fetch all debit/credit lines which you have configured on Template into Manufacturing order form. Now once it will fetch debit/credit account and journal on Manufacturing order for process costing accounting you only have to select which costing you want to push as accounting entry (so you can select "Accounting for" with costing you want in accounting and it will automatically fetch costing total for that MRP order in Cost column.).
  • This app provide accounting template where you can setup your debit account, credit account and journal and then you can use template on production order which will fetch credit/debit account and journal and create lines on production order under "Process Costing Accounting" tab and last step is that your production user has to select "Accounting for" which will bring cost automatically in Cost column.
  • Based on selection of debit/credit account system will create journal entry in accounting once production order done if you have configure production done option on template and if you have selected manually option on template they system will give you button to create accounting entry..
  • This app is very flexible which allow you to create process costing accounting based on your setup of template which will give you facility to provide debit/credit account and journal on template.
  • For more details about process costing feature you can see dependant app "odoo_process_costing_manufacturing" which will show you how process costing work for production.
  • For more details please see below screenshots and watch video.

Configuration Menus Available:

  • Manufacturing
    • Configuration
      • Process Costing Account Templates

Edition Compatibility:


Enterprise Odoo.sh Community

Process Costing Account Templates - Form View

Process Costing Account Templates - List View

Process Costing Accounting Template with Manufacturing Order Done Option

Process Costing Account Templates - Form View

Manufacturing Order - Component [From Odoo Standard]

Manufacturing Order - Finished Product [From Odoo Standard]

Manufacturing Order - Direct Material Cost [From Odoo Process Costing Manufacturing]

Manufacturing Order - Direct Labour Cost [From Odoo Process Costing Manufacturing]

Manufacturing Order - Manufacturing Overhead Cost [From Odoo Process Costing Manufacturing]

Manufacturing Order - Costing [From Odoo Process Costing Manufacturing]

Manufacturing Order - Process Costing Account Template before Selecting Accounting Template

Manufacturing Order - Process Costing Account Template with Accounting For showing All option

Manufacturing Order - Direct Material Cost with Actual QTY and Total Actual Costs [From Odoo Process Costing Manufacturing] - once Work Order Processed

Manufacturing Order - Direct Labour Cost with Actual QTY and Total Actual Costs [From Odoo Process Costing Manufacturing] - once Work Order Processed

Manufacturing Order - Manufacturing Overhead Cost with Actual QTY and Total Actual Costs [From Odoo Process Costing Manufacturing] - once Work Order Processed

Manufacturing Order - Costing With Total Actual Costs [From Odoo Process Costing Manufacturing]

Manufacturing Order - Process Costing Accounting Templates Tab View After Selecting Accounting Template

Selecting Accounting For which will Fetch Costing for that on Cost Column (Before done)

Manufacturing Order with Process Costing Accounting After Done

Journal Entry for Process Costing Manufacturing with using Process Costing Accounting [Total Actual Labour Cost]

Journal Entry for Process Costing Manufacturing with using Process Costing Accounting Templates [Total Actual Material Cost]

Now Process Costing Accounting Template with Option Create Accounting Entry Manually

Process Costing Accounting Template

Create Journal Entry Button on Manufacturing Order with Accounting Template with Created Accounting Entry Manually

Accounting Template with Accounting Entry For with Cost Column

After Creating Journal Entry on Process Costing Manufacturing

Created Journal Entry on Process Costing Accounting with Manually Option for [Total Actual Labour Cost]

Created Journal Entry on Process Costing Accounting with Manually Option [Total Actual Material Cost]

Contact / Support
Introducing Probuse Consulting Services Pvt. Ltd.

If you need any help or want more additional features, you may contact us through:
Email: contact@probuse.com
Website: www.probuse.com
Skype: mustufa_probuse

Probuse Consulting Service Pvt Ltd is an Software and Web development specialist which offers complete business application together. We are well experienced to provide a face for your business on the software and Internet level.

Probuse Consulting Service Pvt Ltd is a specialist in Odoo/OpenERP services and could give your business open source hand to drive.

Our Services

  • Odoo Implementation

  • Odoo Support

  • Odoo Customization

  • Odoo Migration

  • Odoo Training

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