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Assume in the Odoo Inventory system there are 10 boxes of Iphones but physically you have 5 boxes Iphones and you have decided to run stock adjustment of that product.

I would like to find out what the accounting process of profit and loss is for an inventory adjustment being made in a  Manual Inventory valuation system . What the accounting entries should look like and what reports would be affected by this action?

Where are those differences of 5 boxes that product will go?

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In case of Manual Inventory Valuation, no entries will be created automatically however you can create manual journal entries if you see it suitable (in case you would why don't you just use automatic?)

Affected processes would be inventory stock would increase and/or decrease and this can be tracked via "Inventory Report", "Inventory Valuation", product moves and stock moves

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Thanks, Tamer for this valuable info.

Best Answer

if you configure the Inventory Valuation: Automated (in the product category) it will automatically generate a journal entry. If not, you must manually launch the entry.

BR

Ricardo

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Thanks, Ricardo for this valuable info.