Community: Accounting and Finance mailing list archives

expert-finance@mail.odoo.com

Re: COGS In POS

by
Elico Corporation, Eric Caudal
- 05/03/2016 06:44:17
True but only with anglosaxon accounting, which was not used at least in v7



Eric Caudal from my mobile device


-------- Original message --------
From: Dominique KON SUN TACK <dominique.k@elico-corp.com.sg>
Date: 2016/05/03 18:22 (GMT+08:00)
To: "Community: Accounting and Finance" <expert-finance@mail.odoo.com>
Subject: Re: COGS In POS

Conceptually:
The link between cogs and sales, is that the cogs are calculated from the movement of stock, which itself is linked to the items sold.
Sales --> stock movement --> cogs
but not sales --> cogs

Odoo:
So Odoo will not create cogs from sales, but MAY create cogs from stock movement.
With Odoo 8 (I guess it will be the same with V9), the POS does create the stock movement. So if you want to have an accounting entry for the cogs, you will probably have to enable the real time stock accounting, or at the end of the day do a stock valuation and pass the entry manually.

Cheers,



Dominique KON-SUN-TACK  [Project Manager]
Odoo Gold Partner, best Odoo Partner 2014 for APAC

Mobile: + 65 8502 2399
Skype: dominique_elico

On 3 May 2016 at 17:52, Eric Caudal <eric.caudal@elico-corp.com> wrote:

Normally this is a combination of stock entries and sales entries (both generated by the POS actually)
Nevertheless, I remember in v7 the POS incapable to manage the anglosaxon accounting where the COGS is properly managed (We fixed it then but not sure whether this is OK in v9)

--
Eric Caudal [Founder and CEO]
Skype: elico.corp. Phone: + 86 186 2136 1670 (Cell), + 86 21 6211 8017/27/37 (Office)
Elico Shanghai (Hong Kong/Shenzhen/Singapore) Odoo Gold Partner, best Odoo Partner 2014 for APAC
On 05/03/2016 05:23 PM, Benjamin Scherrey wrote:

Don't you need the sales figures (items, sale price) out of POS in order to calculate COGS?

On May 3, 2016 4:14 PM, "Dominique KON SUN TACK" <dominique.k@elico-corp.com.sg> wrote:

Sales will never generate a cogs entry.
Cogs entries come from variation of stocks

On 3 May, 2016 3:47 pm, "Daniel Attah" <netwaytech@gmail.com> wrote:

I noticed that. I raised a question on that on Odoo forum but nobody responded.

On May 3, 2016 7:34 AM, "Vijay Patil" <vijaypatil091@gmail.com> wrote:
Hi Folks,

Does Odoo 9.0 community generated Cost Of Goods Sales entry through Point Of Sale?

--
Vijay 

_______________________________________________
Mailing-List: https://www.odoo.com/groups/community-accounting-and-finance-61
Post to: mailto:expert-finance@mail.odoo.com
Unsubscribe: https://www.odoo.com/groups?unsubscribe

_______________________________________________
Mailing-List: https://www.odoo.com/groups/community-accounting-and-finance-61
Post to: mailto:expert-finance@mail.odoo.com
Unsubscribe: https://www.odoo.com/groups?unsubscribe

_______________________________________________
Mailing-List: https://www.odoo.com/groups/community-accounting-and-finance-61
Post to: mailto:expert-finance@mail.odoo.com
Unsubscribe: https://www.odoo.com/groups?unsubscribe


_______________________________________________
Mailing-List: https://www.odoo.com/groups/community-accounting-and-finance-61
Post to: mailto:expert-finance@mail.odoo.com
Unsubscribe: https://www.odoo.com/groups?unsubscribe


_______________________________________________
Mailing-List: https://www.odoo.com/groups/community-accounting-and-finance-61
Post to: mailto:expert-finance@mail.odoo.com
Unsubscribe: https://www.odoo.com/groups?unsubscribe