Best Odoo ERP & CRM Solutions, Training Agent
Best Odoo ERP & CRM Solutions, Training Agent
Learn how to set up and use the first in, first out (FIFO) and last in, first out (LIFO) removal strategies to streamline your picking process in Odoo. Introduction: 0:00 Enable Lot Numbers and Locations: 1:39 Configure Product: 2:55 Check Lot Numbers: 3:42 Set Removal Strategy on Location: 5:16: Set Removal Strategy on Product Category: […]
FIFO stands for First In, First Out — a popular inventory method where the oldest stock (the first in) is the first to be sold or used (the first out). For more reference, watch this video: #Odoo18 #Odoo18Tutorials #OdooInventory #FIFO #FirstInFirstOut #Odoo18NewFeatures #OdooFunctionalTutorial #OdooERP #InventoryManagement #WarehouseManagement #OdooRelease Connect With Us: ————————————— ➡️ Website: ➡️ Email: […]
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 […]
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. […]
This video focuses on Reservation Methods in the Odoo 18 Inventory. Learn how to: Prevent overselling: Understand how different reservation methods work to ensure you only promise available stock. Optimize order fulfilment: Select the best reservation method for your business needs to improve order accuracy and reduce delays. Gain better inventory visibility: Leverage reservation methods […]
FIFO (First In, First Out) is a common inventory valuation method where the oldest inventory items are sold first. In Odoo, you can configure this strategy for specific product categories to ensure accurate cost calculations and financial reporting. How to Set Up FIFO Removal Strategy in Odoo: Define Product Categories: Create product categories to group […]
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: – […]
Learn the basics of using a packages in the outbound and inbound process flows. Use the convenient “Put in pack” button in Odoo to quickly place all products in a sales order in a package. This additional traceability feature is useful for businesses that use packages (e.g. pallets, boxes) to move groups of products in the warehouse. 0:00 – […]
In Odoo, FIFO (First In, First Out) refers to a method of inventory valuation and cost tracking. The FIFO method assumes that the first items added to the inventory are the first ones sold or used in production. This means that the cost of goods sold (COGS) and the value of remaining inventory are calculated […]
Learn how to set up and use the first expired, first out (FEFO) removal strategy to streamline your picking process in Odoo. 0:00 – Intro 1:03 – Enable Lot Numbers and Expiration Dates 1:40 – Configure Product 2:45 – Check Expiration with Lots 4:04 – Configure Removal Strategy on Product Category 5:16 – FEFO Flow 6:23 […]