In Odoo 18, costing methods determine how product costs are calculated and tracked within the inventory management system. Selecting the appropriate costing method is crucial for accurate inventory valuation and financial reporting. Odoo 18 offers three primary costing methods: Standard Price (Standard Costing): Description: In this method, each product is assigned a fixed cost manually. […]
Learn everything you need to grow your business with Odoo, the best open-source management software to run a company, at In this video, learn how about the different ways to value inventory, including through manual vs automated valuation methods and through standard cost, AVCO, and FIFO costing methods. Other lessons related to this video: – […]