Odoo Implementation
Stock Landed Costs Currencies | Automated Stock landed cost calculation in Odoo
by Technoverse Systems http://www.technoversesystems.com
Odoo
$ 13.05
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Purchase (purchase)
• Invoicing (account) • Discuss (mail) • Inventory (stock) |
| Lines of code | 62 |
| Technical Name |
ts_stock_landed_costs_currency |
| License | LGPL-3 |
| Website | http://www.technoversesystems.com |
| Versions | 17.0 18.0 19.0 |
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
•
Purchase (purchase)
• Invoicing (account) • Discuss (mail) • Inventory (stock) |
| Lines of code | 62 |
| Technical Name |
ts_stock_landed_costs_currency |
| License | LGPL-3 |
| Website | http://www.technoversesystems.com |
| Versions | 17.0 18.0 19.0 |
Stock Landed Costs Currencies
Simplify your landed cost management with the Stock Landed Costs Currency module. By default, Odoo only allows landed costs in the company's base currency, which can be a headache when dealing with international freight, insurance, or customs charges in foreign currencies. This module empowers you to record landed costs in any currency directly. Simply select the currency on the landed cost form, enter the amount, and let the system automatically handle the conversion to your company currency based on real-time exchange rates. Ensure 100% accurate product valuation and effortless accounting for all your global shipments.
Key Features
Multi-Currency Landed Costs
Record shipping, customs, and other landed expenses in any foreign currency (USD, EUR, GBP, etc.) instead of being restricted to the company currency.
Automatic Exchange Rate Conversion
Automatically converts foreign currency costs into your company currency based on the exchange rate effective on the Landed Cost date.
Real-Time Valuation Accuracy
Ensures your product's total cost (valuation) is 100% accurate by incorporating converted landed costs precisely into the stock valuation.
Journal & Currency Integration
Easily link specific Account Journals with their corresponding currencies for seamless financial reporting.
Side-by-Side Cost Comparison
View the cost in the original foreign currency and the converted company currency simultaneously on the cost lines for better clarity.
Seamless Validation Workflow
Validate landed costs just like standard Odoo; the module handles all back-end currency calculations automatically during the valuation adjustment.
Go to Inventory -> Operations -> Landed Costs
choose the Account Journal and the corresponding Currency
Add a cost line and set the Cost column with the amount in that Currency The amount in column Cost in Company Currency will be automatically converted to Company currency by the exchange rate on the Date of Landed Cost After clicking Validate, your products has been valued with amounts in a consistent currency (which is Companys currency)
FAQ
Release 17.0.1.0.0
1 December, 2024
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