CBMS ODOO ERP CONSULTING AGENCY
Digital Agency Consulting and Training Website
CBMS ODOO ERP CONSULTING AGENCY
Digital Agency Consulting and Training Website
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 to manage inventory valuation in Anglo-Saxon localizations. Other lessons related to this video: – Inventory valuation (Continental): – Inventory valuation: Need more information about Odoo apps? Discover Odoo, schedule a […]
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 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 to manage inventory valuation in a Continental environment. Other lessons related to this video: – Inventory valuation (Anglo-Saxon): – Inventory valuation: Need more information about Odoo apps? Discover Odoo, schedule […]
LIFO can also be used as a removal strategy for managing stock movements within a system, such as a warehouse. In this case, it dictates that when items are needed, the most recently added ones are picked first. This can be useful for: Preventing obsolescence: This ensures older items are used first, reducing the risk of them expiring […]
The versatility of Odoo’s Reporting functionalities is one of its most notable features. Using the platform, you can handle different reports in different ways. With just a few clicks, you will receive a variety of descriptive, graphical, and analytical reports on the various operations carried out on the platform. Within the Inventory module, Odoo offers […]
Landed cost is the total cost associated with acquiring and importing a product from one location to another. It includes not only the original purchase price of the product but also all the costs incurred in the process of getting the product to its final destination. #odoo16 These costs can be divided into several categories: […]
Product costing operations are one of the most difficult duties for a business. Using product costing methodologies, it is simple to assign a definite price to a manufactured product. Video Chapters 00:00 – Introduction 01:21 – How to set the costing method as the standard price. 05:16 – How to set the costing method as […]
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 about the necessary and required process to close a fiscal year in Odoo. Need more information about Odoo apps? Discover Odoo, schedule a demo, or start your own Odoo revolution for free […]
Inventory valuation refers to how you value your stock. It’s a very important aspect of a business as inventory can be the biggest asset of a company. #odoo14 #odooinventory #odoo An inventory valuation of a company helps to know the monetary value for items in their inventory. To ensure reliable financial records on inventory reports, […]