Manufacturing Lot Costing With Accounting Entry
by BROWSEINFO https://www.browseinfo.com/demo-request?app=bi_lot_costing_with_accounting&version=18&edition=Community$ 636.16
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Manufacturing (mrp)
• Inventory (stock) • Discuss (mail) • Invoicing (account) • Purchase (purchase) • Sales (sale_management) |
Community Apps Dependencies |
Show
•
Auto Generate serial/lot number from Manufacturing order in odoo
• Auto Generate serial/lot number from Picking in Odoo • Manufacturing Process Costing with Accounting Entry in Odoo • Manufacturing Product Lot Costing • Manufacturing Process Costing in Odoo • Purchase Costing on Lot including Landed Cost |
Lines of code | 3285 |
Technical Name |
bi_lot_costing_with_accounting |
License | OPL-1 |
Website | https://www.browseinfo.com/demo-request?app=bi_lot_costing_with_accounting&version=16&edition=Community |
Versions | 12.0 13.0 14.0 15.0 16.0 17.0 18.0 |
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Manufacturing (mrp)
• Inventory (stock) • Discuss (mail) • Invoicing (account) • Purchase (purchase) • Sales (sale_management) |
Community Apps Dependencies |
Show
•
Auto Generate serial/lot number from Manufacturing order in odoo
• Auto Generate serial/lot number from Picking in Odoo • Manufacturing Process Costing with Accounting Entry in Odoo • Manufacturing Product Lot Costing • Manufacturing Process Costing in Odoo • Purchase Costing on Lot including Landed Cost |
Lines of code | 3285 |
Technical Name |
bi_lot_costing_with_accounting |
License | OPL-1 |
Website | https://www.browseinfo.com/demo-request?app=bi_lot_costing_with_accounting&version=16&edition=Community |
Versions | 12.0 13.0 14.0 15.0 16.0 17.0 18.0 |









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.

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 Orders
By clicking on Create Work orders button, Work order will be created with Direct Material Cost, Direct Labour Cost and Direct Overhead Cost.
Workorder Form View
User have to enter "Actual Hour" in work order.


MO - Components


Finished Product
MO - Direct Material Cost


Direct Labour Cost
Manufacturing Overhead cost


Manufacturing Costing
Production Costing on LOT


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.
Work Center


Bill of Materials - Components


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


Direct Labour cost
Manufacturing Overhead Cost


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.


Workorder Form View
User have to enter "Actual Hour" in work order.


Manufacturing Order - Components
Finished Products


Direct Material cost
Direct Labour cost


Manufacturing Overhead Cost
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.
LOT/Serial Number


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.


Delivery >> Done
Sales Costing on LOT
User can see sales costing on lot.


Journal Entry
Version : 16.0.0.0
20 October 2022
Initial release of the app.
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