What does FIFO costing method do with the landed costs applied??

Question

As you can see in the forum title is all i'm addressing here, what does FIFO costing method do with the landed costs applied??

I was testing the FIFO and AVCO costing methods to see what is more suitable for my company work and to see in which whom satisfies our needs more, and came across a problem in the FIFO method, which is not knowing where the landed costs applied to the related transfers goes to, and how is it applied on the product costing afterward to use it in the pricing.
Thank you i

Waleed Ali Mohsen · Accepted Answer

Please check the below thread for the same:

Product Cost not updating with Landed Cost (FIFO) | Odoo [1]

If the costing method as FIFO, the cost field will not update and gets added only when the product leaves the stock (sale order). You can check the cost in
Inventory Valuation report.

[1] https://www.odoo.com/forum/help-1/product-cost-not-updating-with-landed-cost-fifo-189325

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