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Account Stock Properties Stock Valuation
Hello, I am trying to understand account stock properties to get correct inventory valuation. I am not able to find any write up from Odoo about this topic. Almost all the blogs - threads seem to point to "
https://miketelahun.wordpress.com/2013/04/01/integrating-openerp-stock-management-with-your-financial-accounts/
"
Isnt there ANY documentation from Odoo??
https://www.odoo.com/documentation/user/9.0/inventory.html - the bottom has links to Inventory Valuation methods - have you seen them?
Dear Ray Carnes,
Thank you for your reply. I also thank you for being the most active responder on the forum. I have looked at the link that you gave. It's quite confusing.
What I did was look at the account configuration with demo data - 3 accounts are made:
1. Stock Interim Account (received)
2. Stock Interim Account (delivered)
3. Stock Valuation Account
All three have current asset as the account type.
Product Category:
1. Valuation method - real price
2. Inventory method - real time (perpetual)
Force removal strategy - FIFO
This seems to give me some values that seem reasonable.
I do hope Odoo posts a more detailed version of the explanation.
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| Asked: 3/22/16, 1:01 PM |
| Seen: 2922 times |
| Last updated: 8/17/16, 6:04 AM |