Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Inventory (stock)
• Invoicing (account) • Discuss (mail) |
Lines of code | 290 |
Technical Name |
sttl_fifo_valuation |
License | LGPL-3 |
Website | https://www.silvertouch.com |
Versions | 14.0 15.0 16.0 17.0 |
Availability |
Odoo Online
Odoo.sh
On Premise
|
Odoo Apps Dependencies |
•
Inventory (stock)
• Invoicing (account) • Discuss (mail) |
Lines of code | 290 |
Technical Name |
sttl_fifo_valuation |
License | LGPL-3 |
Website | https://www.silvertouch.com |
Versions | 14.0 15.0 16.0 17.0 |
CONSULT OUR EXPERTS
Unlock the potential of your business with Silver Touch! Avail a complimentary 1-hour Odoo consulting session and discover tailored solutions for your unique needs.
HOUR
DISCUSSION

Features
Accurate FIFO Valuation:
Ensures stock moves follow FIFO correctly, preventing incorrect cost application.
Stock & Accounting Sync:
Aligns inventory valuation with financial records through automated journal entries.
Stock Move Cost Correction:
Ensures correct cost application for outgoing stock, returns, and subcontracting operations.
Seamless Integration
Works alongside Odoo’s existing stock valuation methods without interference.
App Preview

Create product Category
Go to product categories and create a product category with costing method selected as fifo optimized.

Create product
Create a product with product category selected as the one we created in the previous step.

Create Purchase order
Create three purchase orders from same product with different unit values.

Return Order
When creating a return from the last Purchase Order, you will notice that the system takes the product's unit price from the last Purchase Order, rather than from the first Purchase Order as per Odoo's standard behavior, where it uses the unit price from the first Purchase Order.

Disclaimer
If you are using the manufacturing module, please note that you will need to install the app "sttl_fifo_valuation_mrp" in order to ensure that FIFO is applied correctly to the manufacturing process.
Our Expertise

Industries
Industries we grow
Tech Solutions for Industries to improve the way they operate.
Every industry has special needs and all those special needs ask for a special solution. At Silvertouch we offer solutions that are especially built to aid special characteristics of that specific industry.

Our Presence

India
Silver Touch Technologies Limited
2nd Floor, Saffron Tower, Opp. Central Mall, Panchvati Cross Road, Ahmedabad - 380006 Gujarat, India

USA
Silver Touch Technologies INC
1149 Green Street, Iselin, NJ 08830, United States of America

UK
Silver Touch Technologies UK Limited
4th Floor, Victoria House, Victoria Road, Chelmsford, Essex, United Kingdom - CM1 1JR

Canada
Silver Touch Technologies CA
55 Albert Street, Suite 100, Markham, ON, L3P 2T4, Canada
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