| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Inventory (stock)
• Invoicing (account) • Discuss (mail) |
| Lines of code | 298 |
| Technical Name |
stock_scrap_accounting |
| License | OPL-1 |
| Website | https://nexvantatech.com |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Inventory (stock)
• Invoicing (account) • Discuss (mail) |
| Lines of code | 298 |
| Technical Name |
stock_scrap_accounting |
| License | OPL-1 |
| Website | https://nexvantatech.com |
Nexvanta Tech
Stock Scrap Accounting Ledger
Overview
"Stock Scrap Accounting Ledger ensures that all inventory scrap operations in Odoo are properly reflected in accounting ledgers, allowing businesses to track scrap losses accurately without manual adjustments.
Descriptions
"By default, Odoo Inventory allows scrap operations that reduce stock quantities but do not create any accounting ledger entries. As a result, businesses cannot accurately identify scrap-related losses in financial reports, leading to incorrect inventory valuation and misleading profit & loss statements. Stock Scrap Accounting Ledger bridges this critical gap by automatically posting accounting entries whenever a scrap operation is performed. This ensures that scrap losses are transparently recorded in the accounting ledger, helping business owners obtain accurate financial results without additional effort. This module is ideal for manufacturing companies, trading businesses, warehouses, and any organization that relies on precise inventory and accounting synchronization.
How the App works
- User performs a Scrap Operation from Inventory.
- The system automatically:
- Calculates the scrap value based on product cost.
- Creates corresponding Accounting Ledger Entries.
- Scrap loss is reflected in:
- Inventory valuation
- Profit & Loss report
- Accounting journals
Key Features
- At first,create a Chart of Accounting
- Automatically links Inventory Scrap with Accounting Ledger
- Detects and records scrap loss value
- Posts journal entries at the time of scrap operation
- Maintains accurate inventory valuation
- Eliminates manual accounting adjustments
- Fully integrated with Odoo Inventory & Accounting modules
- User-friendly and zero configuration complexity
Screenshots
Our Services
ERP Implementation
Tailored to your needs.
ERP Support
Stable 24/7 operations.
ERP Training
Hands-on for your team.
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
Please log in to comment on this module