85.76

v 12.0 Third Party 1
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Inventory (stock)
Invoicing (account)
Discuss (mail)
Purchase (purchase)
Lines of code 418
Technical Name sync_avg_stock_landed_cost_auto
LicenseOPL-1
Websitehttps://www.synconics.com
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Inventory (stock)
Invoicing (account)
Discuss (mail)
Purchase (purchase)
Lines of code 418
Technical Name sync_avg_stock_landed_cost_auto
LicenseOPL-1
Websitehttps://www.synconics.com

Landed Cost on Average Costing

About Average Landed Costs
  • Average Landed Cost is the calculated value of your stockable products, using the Average Costing method.
    Formula: Total Costs / Total Units on Hand.

What is included in your Landed Cost?

  • The costs incurred in transporting an stockable item from the place of purchase to our premises. These might include: freight, insurance, duties, and so on. Landing costs should be included in the value of the stock; e.g. you might pay $100 to your supplier for an stockable item, but it also costs a further $50 in freight.

This module is compatible with

  • Community
  • Enterprise
  • Odoo.sh

How is Average Cost calculated?

  • The Average Cost is a costing method; it is equal to the total cost / the total stock on hand.

This application enables automatic update of product cost prices for average costing methods. Product cost prices will be updated when stockable product is purchased, received and when landed cost is applied on that receipt picking.

Key Features

  • Calculate Landed cost when product Costing Method is Average Cost (AVCO).
  • Application is compatible with community as well as enterprise.
  • Calculation is calculated as per Odoo standard logic.

Configuration

Create Product Category by going to Inventory -> Configuration -> Products -> Product Categories. Fill details like Costing Method, Inventory Valuation and Account Stock Properties.

Inventory Valuation:

  • Costing Method : Average Cost (AVCO)
  • Inventory Valuation : Automated

Account Stock Properties:

  • Set 'Current Assets' type of account in Stock Input Account, Stock Output Account, Stock Valuation Account and Stock Journal.

Set Product Category in Product to Calculate Product Cost according to average costing method.

Order Generation

Create A Purchase Order for product with category of average cost costing method.
Confirm that order and create a receipt (Picking).

Receipt Generation

Transfer Receipt (Picking) to receive product quantity and update product cost price.

Now we can see, Product Cost is updated as per Average Costing Method.

Apply Landed Cost

Create landed cost for transferred receipt (picking) and Validate it.

Product cost is updated as per average costing method after applying landed cost.

Free Support

1) One month free bug support period will be offered pertaining to any one server used, testing or live.
2) If an error appears in our app due to other custom modules installed in your system, we will charge for our efforts to resolve those errors.
3) Please refer the document for configuration. If you need our support for configuration, please request our paid support.
4) Please note that you are not allowed to distribute or resell this module after purchase.
5) This module is tested and working on Odoo vanilla with Ubuntu OS.

Get Help & Support

Help & Support    Request New Features
Checkout Other Apps Developed By Synconics Technologies Click Here

Our Services

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  • Our Contact Details

    E-mail : contact@synconics.com | Skype : synconics.technologies | Mobile : +91-942-686-4274
    For product demo, please generate a ticket and mention your preferred time and date. Please make sure the demo timing you mentioned are as per Indian Standard Time (IST), between 10:30 AM to 7:00 PM (IST), Monday to Friday.
    Odoo Proprietary License v1.0
    
    This software and associated files (the "Software") may only be used (executed,
    modified, executed after modifications) if you have purchased a valid license
    from the authors, typically via Odoo Apps, or if you have received a written
    agreement from the authors of the Software (see the COPYRIGHT file).
    
    You may develop Odoo modules that use the Software as a library (typically
    by depending on it, importing it and using its resources), but without copying
    any source code or material from the Software. You may distribute those
    modules under the license of your choice, provided that this license is
    compatible with the terms of the Odoo Proprietary License (For example:
    LGPL, MIT, or proprietary licenses similar to this one).
    
    It is forbidden to publish, distribute, sublicense, or sell copies of the Software
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    THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
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