CRM | e-Commerce | Accounting | Inventory | PoS | Project management | MRP | etc.
I had created two products, A and B. The cost of A is calculated by average cost. Product A could be sold directly and also used in manufacturing of Product B , for which i have created BOM. Now, whenever I manufacture product B, Its manufacturing cost is coming as zero though in stock I can see A has been reduced.
Also, due to real-time inventory valuation, for product A, COGS is debited which should not be there because I haven't sold A.
Using Real Time inventory method
COGS will be debited when the item is delivered, unless you have installed the Anglo Saxon module in which case it will be debited when the Sales Invoice is validated.
I suggest you watch (or review the slides) "US ACCOUNTING â OPENERP V7.0" to understand how to setup OpenERP properly to track manufacturing costs. The same principles work in any country, although Anglo Saxon isn't relevant for all countries.
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|Asked: 9/18/13, 11:17 AM|
|Seen: 2585 times|
|Last updated: 8/22/16, 1:50 AM|