In Odoo V16, while traditional depreciation is not applicable directly to inventory items, the system allows for adjustments to the book value of inventory through specific inventory management features. Using FIFO or AVCO valuation methods, you can adjust stock levels and valuations effectively. This is feasible through the Inventory module where adjustments are made to reflect changes in the value of items due to various factors like market changes, damage, or obsolescence. Thus, while not depreciation in the classic sense, Odoo supports robust mechanisms to ensure inventory values remain accurate and reflective of current conditions.

Riken Bhorania

Co-founder (Ascetic Business Solution)

contact@asceticbs.com