Learn how Odoo calculates inventory value using Standard Price, Average Cost (AVCO), and FIFO in manufacturing. This tutorial explains how each costing method works and how it affects your inventory valuation—so you can talk through the right choice with your accountant.
0:00 – Introduction
0:45 – Setting a Costing Method (Standard Price)
2:53 – Average Cost (AVCO)
5:39 – First In First Out (FIFO)
8:40 – FIFO and Returns
10:21 – How to Choose
11:01 – Conclusion
**Check out more Odoo tutorials**
– Production Cost:
– Sales order to manufacturing order:
**App documentation**
– Inventory valuation:
– Manufacturing costs:
**See what Odoo can do for you!**
– Schedule a demo:
– Start a free trial:
#FIFO #AVCO #Standard #Manufacturing #Costs #Odoo #Inventory