Generate Cost of Goods Sold (COGS) journal entries when sales invoice is created

Question

Hi, I'm running Odoo 11 Community Edition. I would like to generate Cost of Goods Sold (COGS) journal entries when sales invoice is created. I have also configured Perpetual Inventory in Product Categories. Is this only possible for company based in Anglo-Saxon countries? I could not find how to enable Anglo-Saxon accounting feature in Odoo 11.
PS: I have 'Singapore Accounting' (module: l10n_sg ) installed.

Haresh Kansara · Answer

Hi Kevin,

This will help you:  https://apps.odoo.com/apps/modules/9.0/jt_cogs_profit_loss_invoice_wise/ [1]

[1] https://apps.odoo.com/apps/modules/9.0/jt_cogs_profit_loss_invoice_wise/

Yeison X · Answer

For some reason, Odoo is recording COGS with delivery document and is ok but  records Cogs too when I validate then invoice.

dominique kon sun tack · Answer

In standard, odoo works as follow:
- the trigger for recording revenue, is the sales invoice
- the trigger for recording cost of sales is the delivery order / assuming you are on perpetual inventory
To generate COS directly from the sales invoice you will need a customisation.

Cheers,

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