October 2017
Intermediate to advanced
806 pages
17h 3m
English
Content preview from Odoo 10 Implementation Cookbook
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Standard costing
Let's execute the business flow with Standard Price as the costing method for the product internal category:
|
Seq. |
Cost Price of Product |
(Sale / Purchase) |
Inventory Valuation |
Cost Price of Product (after Operation) |
|
1 |
60 |
100 quantity at the rate of 70 |
6,000 100 quantity * 60 product cost price |
60 |
|
2 |
60 |
100 quantity at the rate of 75 |
12,000 (200 * product cost price) |
60 |
|
3 |
60 |
100 quantity at the rate of 65 |
18,000 (300 * product cost price) |
60 |
|
4 |
70 |
Change product cost price manually |
21,000 (300 * product cost price) |
70 |
Standard Price calculates the inventory valuation based on the cost price defined in the Product Cost Price field, and it does not include the purchase ...
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