Odoo is the world's easiest all-in-one management software. It includes hundreds of business apps:
CRM | e-Commerce | Accounting | Inventory | PoS | Project management | MRP | etc.
FIFO/LIFO stock valuation is by default provided in Odoo V8. By default system will do stock valuation based on "FIFO" method itself. You able to see "Removal Strategy" under Locations, where you can set FIFO / LIFO, if you didn't choose removal strategy, then the system will choose FIFO as default.
To check this, you need to configure your product correctly. Choose Costing method as "Real Price" & Valuation as "Real Time".
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|Asked: 7/5/14, 7:58 AM|
|Seen: 4771 times|
|Last updated: 3/16/15, 8:10 AM|