Odoo is the world's easiest all-in-one management software.
It includes hundreds of business apps:
Is it possible to setup Odoo to automatically update a Product Cost? If so the following are prioritized options for sources:
1) using a rolling average Product Cost based on current Inventory (presuming LIFO)?
- all inventory acquired using POs
- still figuring out how to reduce inventory (presumably using sales orders, etc.)
2) using Vendor Price from most recent PO?
I'm using Odoo 11 - Community version
You have available to you either STANDARD (you maintain), AVERAGE (each time you receive goods every item in inventory is revalued) or FIFO (also known as real cost - each item remembers what you paid for it).
This is a capability of both the Community and Enterprise Editions.
1. Use the live chat to ask your questions.
2. The operator answers within a few minutes.
