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Odoo 19.0 - load initial / opening Inventory - how does it work now?

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With the changes to Inventory Valuation in Odoo 19, how do I upload my initial Inventory and still get a Journal Entry that hits my Balance Sheet?


I am used to using an Inventory Clearing Account in the Trial Balance, then setting this account on the Inventory Adjustment location.

In this way, when I upload my Trial Balance, I debit the clearing account instead of the inventory valuation account so that the Inventory Adjustment will debit the inventory valuation account one product at a time and clear the inventory clearing account to zero (provided the debit from the Trial Balance matches the sum of the product cost x quantity amounts from the adjustment).


How does it work now? 

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Ray Carnes (ray)
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If you are using Perpetual (at invoicing) as your Inventory Valuation Method it works exactly the same way.

  • the account you set on the Inventory Adjustment location is now called Inventory Variation
  • Odoo will generate a Journal Entry debiting Inventory Valuation and crediting Clearing


If you are using Periodic (at closing) as your Inventory Valuation Method, the value of your Inventory uploaded will show on the new Inventory Valuation report in the Review Menu in Accounting:

Click the Generate Entry button to have the Journal Entry created for you, the same one Odoo creates under the first method:


Note: here we created an Inventory Adjustment for a single Product with a Unit Price of $10 and a Quantity of 100.


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