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Ray Carnes

--Ray Carnes--
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Highland, United States
--Ray Carnes--

Business Analyst - Custom Projects

https://www.linkedin.com/in/raycarnes

Ray Carnes
2018/12/07 14:19

This method might work for you:

  1. Setup a Location "Internal Consumption" which is an Inventory Loss location, with a Stock Valuation Account matching the Expense account you want to use to book the value of the asset you are consuming.

  2. SCRAP to this Internal Consumption location when you consume products.

Since when you receive a stockable item into inventory Odoo will DEBIT your Inventory Valuation account for the value, this method CREDITS your Inventory Valuation account and DEBITS the Expense account. 

Effectively you are moving the value of the asset you consume from your Balance Sheet to your Income Statement as an expense.
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