Advanced Process Costing Suite for Manufacturing in Odoo | Manufacturing Cost Control & Process Costing Solution

Advanced Production Order Costing & Cost Analysis Suite | Accurate Production Costing for Manufacturing (MRP) Operations

This is a bundle/package for Odoo process costing manufacturing bundle system features. You can purchase a bundle that will include all dependent apps and its feature or you may go with the individual app(s) buy. Feel free to contact us if you have any questions before buying.

You can purchase a bundle or you can purchase individual apps as well. Contact us if you have any questions by email before buying it.

Purpose of the Module

The Odoo Process Costing Manufacturing Bundle | Complete Production Cost Management is designed to provide a complete manufacturing process costing solution within Odoo for production and manufacturing industries. This bundle helps companies efficiently manage, calculate, and monitor all production related costs including Direct Material Cost, Direct Labour Cost, Direct Overhead Cost, By Product Costing, Actual Production Quantity Costing, and Accounting Entries for manufacturing orders.

The main purpose of this bundle is to improve manufacturing cost control, production efficiency, profitability analysis, and financial accuracy by integrating advanced process costing features directly into manufacturing operations. It enables manufacturers to automate costing calculations, maintain accurate BOM costing structures, and track actual production expenses in real time.

This bundle allows businesses to:

• Perform detailed process costing for manufacturing and production orders.
• Manage Direct Material Cost, Direct Labour Cost, and Direct Overhead Cost efficiently.
• Calculate process costing for By Products generated during manufacturing.
• Enter and track actual production quantities directly on Manufacturing Orders.
• Automatically update BOM costing when product cost changes.
• Synchronize Direct Material, Labour, and Overhead costs across related Bills of Materials.
• Create accounting entries automatically for manufacturing process costing transactions.
• Monitor estimated vs actual manufacturing costs for better cost analysis.
• Reduce manual costing calculations and increase operational accuracy.
• Provide real time visibility into production and manufacturing expenses.
• Support efficient decision making for manufacturing and costing teams.

Overall, this bundle provides a centralized and automated manufacturing cost management system that helps organizations maintain accurate production costing, improve operational control, and enhance overall manufacturing profitability within Odoo.

Industry Use

The Odoo Process Costing Manufacturing Bundle | Complete Production Cost Management is designed for manufacturing and production industries that require accurate production costing, cost analysis, and manufacturing expense management within Odoo.

This bundle helps companies manage Direct Material Cost, Direct Labour Cost, Direct Overhead Cost, By Product Costing, BOM Costing, Actual Production Costing, and Manufacturing Accounting Entries efficiently.

Industries Using This Module

• Chemical Manufacturing Industry: Manage batch production costing, raw material consumption, and overhead expenses.
• Food & Beverage Industry: Track manufacturing costs for food processing, packaging, and by products generated during production.
• Pharmaceutical Manufacturing: Calculate accurate process costing for medicines, formulations, and production batches.
• Textile & Garment Industry: Manage yarn, dyeing, stitching, labor, and finishing process costs.
• Plastic & Polymer Manufacturing: Track machine cost, labor expenses, and raw material wastage.
• Engineering & Fabrication Industry: Monitor production overheads, machine running costs, and labor charges.
• Furniture Manufacturing: Calculate wood, assembly, polishing, and manufacturing overhead costs.
• Metal & Steel Industry: Manage melting, machining, cutting, and production process costing.
• Packaging Manufacturing: Analyze packaging material cost and production expenses.
• Construction Material Industry: Track manufacturing costs for pipes, tiles, cement products, and related materials.
• Automobile Parts Manufacturing: Manage componentlevel production costing and BOM cost updates.
• Electronics Manufacturing: Track assembly, testing, labor, and material costs for finished electronic goods.
• Any manufacturing or production industry can use this Advanced Process Costing Suite for accurate manufacturing cost control, process costing, labour and overhead management, by product costing, inventory valuation, and real time production cost analysis in Odoo.

Real Time Use Cases

1. Manufacturing Order Process Costing

Manufacturing companies can calculate:

• Direct Material Cost
• Direct Labour Cost
• Direct Overhead Cost

for each Manufacturing Order to identify accurate production expenses and profitability.

2. Actual Production Quantity Costing

Production teams can enter actual produced quantities directly on Manufacturing Orders and compare:

• Planned Production Quantity
• Actual Production Quantity
• Estimated Cost
• Actual Cost

This helps manufacturers analyze production variances and operational efficiency.

3. By Product Costing Management

Industries generating by products during manufacturing can allocate process costs separately for accurate accounting and valuation.

Example:

• Main Product: Sugar
• By Product: Molasses

The system allows separate costing and valuation for both products.

4. Automatic BOM Cost Update

When product cost changes on the Product Form:

• BOM Direct Material Cost updates automatically
• BOM Direct Labour Cost updates automatically
• BOM Direct Overhead Cost updates automatically

This ensures accurate and real-time BOM costing without manual updates.

5. Manufacturing Accounting Integration

The module automatically creates accounting entries for:

• Material Consumption
• Labour Expenses
• Overhead Expenses
• Production Cost Allocation

This improves financial accuracy and manufacturing cost tracking.

Process Costing in Manufacturing Process

This application enables efficient process costing management for manufacturing orders by providing a comprehensive breakdown of all production expenses. It allows users to accurately track and analyze material costs, labour costs, and overhead costs at each stage of the manufacturing process.

Explore complete features: https://apps.odoo.com/apps/modules/19.0/odoo_process_costing_manufacturing

Process Costing Manufacturing for By-Products

This application allows you to perform process costing for by products generated during manufacturing orders. It enables accurate allocation and tracking of material costs, labour costs, and overhead costs specifically for by products alongside the main production.

Explore complete features: https://apps.odoo.com/apps/modules/19.0/process_costing_manufacturing_byproduct/

Process Costing Manufacturing Without Workorder Dependancy

This application enables comprehensive process costing for manufacturing orders, allowing you to accurately track and manage material costs, labour costs, and overhead costs throughout the production process. It also provides the flexibility to enter actual quantities directly on the manufacturing order, ensuring precise cost calculation based on real production data. This helps improve cost accuracy, enhances production control, and supports better decision making by giving a clear view of actual manufacturing performance and expenses.

Explore complete features: https://apps.odoo.com/apps/modules/19.0/process_costing_manufacturing_ext

Process Costing Manufacturing Update Product Cost

This app allow Auto Update Cost Price on Direct Material Cost, Direct Labour Cost, Direct Overhead Cost on Bill of Materials when Cost Price on Product Form changed. So when cost of product changes then system will automatically updated all related BOM's Direct Material Cost, Direct Labour Cost, Direct Overhead Cost. So changes on product cost will update cost on BOM's Direct Material Cost, Direct Labour Cost, Direct Overhead Cost tabs.

Explore complete features: https://apps.odoo.com/apps/modules/19.0/process_costing_manufacturing_update_cost

Process Costing in Manufacturing Process with Accounting Entry

This application enables you to automatically generate accounting entries for process costing in manufacturing orders. It ensures accurate financial recording of material costs, labour costs, and overhead costs directly from the production process.

Explore complete features: https://apps.odoo.com/apps/modules/19.0/process_costing_manufacturing_accounting

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