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1

Account Stock Properties Stock Valuation

By
Jaidev Shah
on 3/22/16, 1:01 PM 1,384 views

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??

1

Ray Carnes

--Ray Carnes--
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Greater Los Angeles, United States
--Ray Carnes--

Senior Odoo Analyst

OpenERP 6.1, 7.0 and Odoo 8.0, 9.0 (Since 2012)

Completed Functional and Technical Training.

Major Skills:

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  • Project Planning;

  • Prototyping and Proof of concepts;

  • Data migration;

  • Configuration & Customization (UI and modules);

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I have over 20 years of experience empowering and enabling users with enterprise information systems that make a real and measurable difference in their ability to proactively manage their businesses and organizations. 

Ray Carnes
On 3/22/16, 3:46 PM

https://www.odoo.com/documentation/user/9.0/inventory.html - the bottom has links to Inventory Valuation methods - have you seen them?

1
Jaidev Shah
On 3/25/16, 8:25 AM

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: 1384 times
Last updated: 8/17/16, 6:04 AM