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Warehouse Costing Management

by
Odoo

225.73

v 18.0 Third Party
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Discuss (mail)
Inventory (stock)
Invoicing (account)
Purchase (purchase)
Sales (sale_management)
Lines of code 467
Technical Name eg_warehouse_average_costing
LicenseOPL-1
Websitehttps://www.inkerp.com
Versions 16.0 17.0 18.0
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Discuss (mail)
Inventory (stock)
Invoicing (account)
Purchase (purchase)
Sales (sale_management)
Lines of code 467
Technical Name eg_warehouse_average_costing
LicenseOPL-1
Websitehttps://www.inkerp.com
Versions 16.0 17.0 18.0

Warehouse Costing Management

Managing different warehouse costs and product pricing across multiple locations can be challenging, especially when products have varying landed and service costs. This app solves the problem by enabling warehouse-wise average costing, allowing businesses to easily track and manage costs for products across different warehouses in Odoo.



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Highlight Warehouse Costing Management

Warehouse-wise average costing for products

Accurate warehouse-wise inventory valuation

Warehouse-wise costing table displayed in product form

Support for landed cost in internal transfers

Warehouse selection for revaluation and purchases

Features

Warehouse Wise Average Costing:

Automatically calculate and track the average cost of products across different warehouses.

Warehouse Wise Inventory Valuation:

View inventory valuation for each warehouse separately.

Warehouse Wise Costing Table in Products:

Access a detailed costing table for products based on the warehouse.

Landed Cost In Internal Transfer:

Account for landed costs when transferring stock between warehouses.

Warehouse Selection in Revaluation:

Select specific warehouses for product revaluation.

Warehouse Wise Purchase:

Track and manage purchase costs by warehouse.

Screenshot

1) Enable Multiple Stock Locations and Warehouses:

Activate the option to manage multiple stock locations and warehouses.

Navigation : Settings → Users & companies → User


Warehouse Costing Management

2) Enable Warehouse Average Costing:

Enable the warehouse-wise average costing feature to display warehouse-specific costing in the product form.

Navigation : Settings → Users & companies → User


Warehouse Costing Management

3) Assign Accounting Features to User:

Assign full accounting features to the responsible user for managing warehouse-wise costing and inventory.


Warehouse Costing Management

4) Create Multi Warehouse for Average Cost:

Create multiple warehouses to manage average costs for products effectively.


Warehouse Costing Management

5) Set Product Category for Costing Method:

Set the costing method to "Average Cost (AVCO)" and inventory valuation to "Automated" in the product category.


Warehouse Costing Management

6) Create a Storable Product:

Create a product and ensure it is marked as storable to enable warehouse-wise costing management.


Warehouse Costing Management

7) Warehouse-wise Costing Tab in Product:

Within the product form, find the "Warehouse-wise Costing" tab, showing the cost for each warehouse.


Warehouse Costing Management

8) Purchase Product for Different Warehouses:

Purchase products for different warehouses (e.g., 20 units for My Company warehouse and 10 units for Your Company warehouse). Warehouse can be selected in the RFQ order lines.


Warehouse Costing Management

9) Warehouse-wise On-Hand Quantity and Cost:

View the on-hand quantity and cost for each warehouse in the warehouse-wise costing tab.


Warehouse Costing Management

10) Add Landed Cost to Purchased Product:

Add a landed cost for the last purchased product.


Warehouse Costing Management

11) Cost Price Update After Landed Cost:

See the updated cost price after adding the landed cost to the product.


Warehouse Costing Management

12) Create Sale Order for Product:

Create a sale order for the product and select the warehouse in the sale order.


Warehouse Costing Management

13) Select Warehouse in Sale Order:

Select the warehouse in the sale order form.


Warehouse Costing Management

14) Create Invoice for Sale Order and Check Journal Entries:

Generate an invoice for the sale order and review the associated journal entries.


Warehouse Costing Management

15) Journal Entries After Delivery:

Check the journal entries after the product delivery is completed.


Warehouse Costing Management

16) Product Costing Table Before and After Sales Order:

View the product costing table before the new purchase order and after the sales order picking is done.


Warehouse Costing Management

17) Create Purchase Order for Same Product with Different Price:

Create a new purchase order for the same product but at a different price, and select the warehouse in the PO line.


Warehouse Costing Management

18) Update Cost Price After Incoming Order:

After the incoming order is completed, the cost price and on-hand quantity are updated in the product’s costing tab.


Warehouse Costing Management

19) Check Inventory Valuation:

Select the date and warehouse to check the inventory valuation for a specific period.


Warehouse Costing Management

20) Valuation Report for Selected Warehouse:

Generate a detailed valuation report for the selected warehouse.


Warehouse Costing Management

21) Check Stock Valuation for Another Warehouse:

Check the stock valuation for a different warehouse.


Warehouse Costing Management

22) Warehouse Average Costing Table Before Internal Transfer:

View the warehouse-wise average costing table before performing an internal transfer.


Warehouse Costing Management

23) Perform Internal Transfers:

Transfer stock from one warehouse to another and track costs.


Warehouse Costing Management

24) On-Hand Quantity and Cost After Warehouse Transfer:

See the updated on-hand quantity and cost after performing the warehouse transfer.


Warehouse Costing Management

25) Warehouse Selection in Revaluation:

Select the warehouse in the product revaluation wizard for accurate adjustments.


Warehouse Costing Management

26) Manual Valuation Adjustment:

After making a manual valuation adjustment, the total value of the inventory will change accordingly.


Warehouse Costing Management

27) Product Cost From Warehouse Cost Tab During Adjustment:

In the product form view, the on-hand quantity and average cost are updated during stock adjustments.


Warehouse Costing Management

28) Stock Adjustment in Your Company Warehouse:

Perform stock adjustments in your company’s warehouse and adjust inventory values accordingly.


Warehouse Costing Management

29) Update On-Hand Quantity and Cost After Stock Adjustment:

View the updated on-hand quantity and cost after performing a stock adjustment.


Warehouse Costing Management

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