77 lines
2.4 KiB
ReStructuredText
77 lines
2.4 KiB
ReStructuredText
|
=============================
|
|||
|
|
Using the inventory valuation
|
|||
|
|
=============================
|
|||
|
|
|
|||
|
|
Inventory valuation refers to how you value your stock. It’s a very
|
|||
|
|
important aspect of a business as the inventory can be the biggest asset
|
|||
|
|
of a company.
|
|||
|
|
|
|||
|
|
In this documentation, we will explain how the inventory valuation works
|
|||
|
|
in Odoo.
|
|||
|
|
|
|||
|
|
Inventory valuation: the basics
|
|||
|
|
===============================
|
|||
|
|
|
|||
|
|
Receive a product
|
|||
|
|
-----------------
|
|||
|
|
|
|||
|
|
Each time a product enters or leaves your stock, the value of your
|
|||
|
|
inventory is impacted. The way it is impacted depends on the
|
|||
|
|
configuration of your product (more info here).
|
|||
|
|
|
|||
|
|
Let’s take an example with a product - a table - configured with a
|
|||
|
|
*FIFO costing method* and an automated inventory valuation.
|
|||
|
|
|
|||
|
|
I purchase 10 tables at a cost of $10.
|
|||
|
|
|
|||
|
|
.. image:: media/use_inventory_valuation_01.png
|
|||
|
|
:align: center
|
|||
|
|
|
|||
|
|
When I’ll confirm the receipt of the products, the value of my inventory
|
|||
|
|
will be impacted. If I want to know what this impact is, I can click on
|
|||
|
|
the valuation stat button.
|
|||
|
|
|
|||
|
|
.. tip::
|
|||
|
|
The consignment feature allows you to set owners on your stock (discover
|
|||
|
|
more about the consignment feature). When you receive products that are
|
|||
|
|
owned by another company, they are not taken into account in your
|
|||
|
|
inventory valuation.
|
|||
|
|
|
|||
|
|
.. image:: media/use_inventory_valuation_02.png
|
|||
|
|
:align: center
|
|||
|
|
|
|||
|
|
.. note::
|
|||
|
|
You need access rights on the accounting module to see that button.
|
|||
|
|
|
|||
|
|
In this case, I can see that the 10 tables entered the stock for a total
|
|||
|
|
value of $100.
|
|||
|
|
|
|||
|
|
.. image:: media/use_inventory_valuation_03.png
|
|||
|
|
:align: center
|
|||
|
|
|
|||
|
|
I can also easily access the accounting entry that has been generated
|
|||
|
|
(in case of automated inventory valuation).
|
|||
|
|
|
|||
|
|
.. image:: media/use_inventory_valuation_04.png
|
|||
|
|
:align: center
|
|||
|
|
|
|||
|
|
Deliver a product
|
|||
|
|
-----------------
|
|||
|
|
|
|||
|
|
In the same logic, when a table will be delivered, the stock valuation
|
|||
|
|
will be impacted and you will have access to a similar information.
|
|||
|
|
|
|||
|
|
.. image:: media/use_inventory_valuation_05.png
|
|||
|
|
:align: center
|
|||
|
|
|
|||
|
|
The inventory valuation report
|
|||
|
|
------------------------------
|
|||
|
|
|
|||
|
|
The summary of this is accessible via the inventory valuation report
|
|||
|
|
(accessible from *Inventory > Reporting > Inventory Valuation*). It gives
|
|||
|
|
you, product per product, the value of your stock. By clicking on the
|
|||
|
|
button *Inventory At Date*, you can have the same information for a
|
|||
|
|
past date.
|
|||
|
|
|
|||
|
|
.. image:: media/use_inventory_valuation_06.png
|
|||
|
|
:align: center
|