MRP Process Costing Accounting With Secondary Products

by
Odoo

663.10

v 15.0 Third Party 3
This module requires Odoo Enterprise Edition.
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Manufacturing (mrp)
Sales (sale_management)
Inventory (stock)
Discuss (mail)
Invoicing (account)
Community Apps Dependencies
Lines of code 2376
Technical Name bi_mrp_secondary_accounting
LicenseOPL-1
Websitehttps://www.browseinfo.com
Versions 12.0 15.0 16.0 14.0 13.0
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Manufacturing (mrp)
Sales (sale_management)
Inventory (stock)
Discuss (mail)
Invoicing (account)
Community Apps Dependencies
Lines of code 2376
Technical Name bi_mrp_secondary_accounting
LicenseOPL-1
Websitehttps://www.browseinfo.com
Versions 12.0 15.0 16.0 14.0 13.0

Manufacturing Process Costing Accounting with Secondary Finished goods Odoo App

This app only works for enterprise edition.MRP Process Costing Accounting with Secondary Products in MRP odoo apps helps user to produce secondary product alongside with finished products in manufacturing order also it allows to finished manufacturing order with different quantity then plan quality of production order with different secondary outputs as configured on bill of materials. This apps also support to calculate process costing of manufacturing and its workorder process with define labour cost and overhead cost from work center for main finished goods and Secondary goods. Once the MO is completed it will create accounting entry for process costing of manufacturing with secondary product output. First production user can configured BOM with secondary product outputs which means this product will come as secondary by-products when manufacturing order will finish. User can see total planned costing and actual costing for final output and Secondary outputs with material costing, overhead costing and labour costing with different costing methods. All costing will create journal entry once manufacturing order is completed.

This odoo apps mostly use for food manufacturing industry with costing operation where user don't know what will be actual finished good quantity after finished the manufacturing order and finished goods comes with several different outputs/secondary finished goods. By default Odoo doesn't allow to record production for more or less than plan produce quantity with multiple finished goods which consumed planned materials. Our this odoo module solved that problem so production user can record produce quantity as per actual output they receive after that production along with secondary finished goods, which consumed material as per plan quantity . If you have multiple work order on manufacturing order then change qty option and secondary output product selection appears on the last work order screen so once you finished the record production it will logged added finished goods quantity and finished manufacturing order. This apps also support process costing for BOM and Manufacturing order both for finished goods and secondary products which shows planned total costing and actual total costing including material costing, overhead costing and labour costing. Also its generate journal entry for total process costing of the manufacturing order.

Features

Material Costing, Labour Costing and Overhead Costing for Production.

User can add direct material cost, direct labour cost and direct overhead cost in Bill of material as well as on Production order.

Total Process Costing for Bill of Material and Manufacturing.

Display total costing for direct material cost, direct labour cost and direct overhead cost in Bill of material as well as on Production order.

Automated and Manual Costing Method.

Supported two different costing method, Manually costing method allow to add labour and overhead costing manually on BOM and Manufacturing order. Automated Costing works based on work-center and production user/manager can defined labour cost/hour and overhead cost/hour under work center and costing will be done according to that with real time consuming hours.

Automatically Pass or Calculate Material, Labour and Overhead.

When user try manually costing method then direct material cost, direct labour cost and direct overhead cost automatically passed from the BOM to Manufacturing Order. When user select Workcenter Process costing method, costing will be calculated real-time, material costing calculated based on consumed material with product cost, labour costing calculated with assign work center's labour cost/hour consumed time and overhead costing calculated with assign work center overhead cost/hour consumed time.

Increase Finished Product Quantity In Manufacturing Order.

User can increase finished product quantity in manufacturing order.

Decrease Finished Product Quantity In Manufacturing Order.

User can decrease finished product quantity in manufacturing order.

Print Costing Reports.

User can able to Print Process costing With BOM Report And Process costing With MO Report.

Supported Both edition.

This Apps supported Odoo Enterprise and Odoo Community Both Edition. /span>

Product Category Configurations

User have to set product's inventory valuation as "Automated" and select "Account Stock Properties" journal entry will created based on this.

Process Costing Configurations

User can select manufacturing process costing method as "Manually" or "Work-Center" under Manufacturing > Configurations menu.

Manually Process Costing for BOM and MO

Bill of Materials

If process costing configuration is "Manually" then user have to add all costing data manually, user can see that direct material cost automatically added based on components of the Bill Of Material.

Add Secondary Product

User can also add manufacturing secondary product.

Bill of Materials - Direct Material Cost

Bill of Materials - Direct Labour Cost

Bill of Materials - Direct Overhead Cost

Bill of Materials Costing

Here you can see total cost of Material,Labour and Overhead.

Create Manufacturing Orders

When you create manufacturing orders from BOM then selected BOM's Direct Labour Cost and Direct Overhead Cost will be filled automatically on manufacturing order.

Direct Material Cost will be filled automatically based on Consumed Materials of manufacturing order.

Manufacturing Orders Costing

Here you can see total cost of Material,Labour and Overhead.

Manufacturing Workorder

By clicking on "PLAN" button, Work order will be created.

Validate Secondary Product

On work order processing user can enter more or less quantity then quantity to produce and also can see and enter produced secondary products quantity and click on "VALIDATE" button.

After click on validate button user can see both secondery product with produced quantity.

User can see finished status of work orders also can see hours consumed for manufacturing order

Inventory Moves

User can see generated inventory move for manufactured product and secondary product.

Journal Entry

User can see generated stock journal entry for manufacturing order.

Automated Work-Center Process Costing with Real Time

Work Center Configurations

User have to enter "Overhead Costs per hour" and "Labour Costs per hour" in work center, and all the costing lines will be added automatically in bom based on actual costing fields of work center.

Bill of Materials

If process costing configuration is "Manually" then user have to add all costing data manually, user can see that direct material cost automatically added based on components of the Bill Of Material.

Add Secondary Product

User can also add manufacturing secondary product.

Bill of Materials Costing

Here you can see total cost of Material,Labour and Overhead.

Create Manufacturing Orders

When you create manufacturing orders from BOM then selected BOM's Direct Labour Cost and Direct Overhead Cost will be filled automatically on manufacturing order.

Direct Material Cost will be filled automatically based on Consumed Materials of manufacturing order.

Manufacturing Orders Costing

Here you can see total cost of Material,Labour and Overhead.

Manufacturing Workorder

By clicking on "PLAN" button,Work order will be created with Direct Material Cost, Direct Labour Cost and Direct Overhead Cost.

Workorder Form View

User have to click "Start" button on manufacturing 'Work Orders' tab.

Validate Secondary Product

On work order processing user can enter more or less quantity then quantity to produce and also can see and enter produced secondary products quantity and click on "Validate" button.

After click on validate button user can see both secondery product with produced quantity.

User can see finished status of work orders also can see hours consumed for manufacturing order

Inventory Moves

User can see generated inventory move for manufactured product and secondary product.

Journal Entry

User can see generated stock journal entry for manufacturing order.

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