Odoo - How Real time Stock Valuation works ?

Zarshed Ali
Zarshed Ali
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Asked on 2/5/15, 5:57 PM
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Real time Stock Valuation works
 

How to Configure accounting entries per stock movement?

Go to Settings >>> Configuration >>> Warehouse underneath the Accounting head check the check box against "Generate accounting entries per stock movement " and then click on the Apply button.

Below accounts needs to be created & assigned appropriately:

  • Stock Valuation Account: Inventory Valuation
  • Stock Input Account: In Stock
  • Stock Output Account: Out Stock
  • Expense Account: Product Expense
  • Income Account: Product Income
  • Customer Account: Debtor Account (Receivable)
  • Supplier Account: Creditor Account (Payable)
  • Bank/Cash Account: Bank Account
  • Product Cost Price: 10
  • Product Sales Price: 20
  • Costing Method : Average Price
  • Inventory Valuation : Real Time (automated)
  • Stock Input Account: In Stock
  • Stock Output Account: Out Stock

Below are the Product Property defined:

  • Product Cost Price: 10
  • Product Sales Price: 20
  • Costing Method : Average Price
  • Inventory Valuation : Real Time (automated)
  • Stock Input Account: In Stock
  • Stock Output Account: Out Stock

Below are the Product Property defined:

  • Stock Valuation Account : Inventory valuation
  • Stock Input Account: In Stock
  • Stock Output Account: Out Stock


NOTE: You can also overwrite the accounts from the Product Category by defining Stock Input Account and Stock Output Account for the product.

 

Zarshed Ali
Zarshed Ali
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| 2 1 2
Answered on 2/5/15, 6:00 PM
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Asked: 2/5/15, 5:57 PM
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Last updated: 2/5/15, 6:00 PM