What is FIFO | First In, First Out in Odoo 18 – CBMS Odoo ERP

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: […]

Removal Strategy: FIFO in Odoo 18 Inventory | How FIFO Works in Odoo 18 Inventory | Odoo 18 Features – CBMS Odoo ERP

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 […]