Inventory Adjustment with Cost Price
by Viindoo
Count the stock and say what it cost
A unit price on the inventory adjustment line, so goods found during a count enter the books at a value you chose rather than at whatever was there before.
Inventory Adjustment with Cost Price (technical name viin_inventory_adjustment_with_cost_price) is an Odoo 17.0 app for Odoo Community and Odoo Enterprise and Viindoo Cloud, built for inventory manager, cost accountant, auditor.
At a Glance
The facts of Inventory Adjustment with Cost Price, version 0.1.0, in one place. Published by Viindoo.
How It Works
One column, on the count screen.
On the physical inventory
The counted quantity and, next to it, the cost those units should enter at.
And in the valuation
The layer the adjustment produced carries the value you entered.
What You Get
A Unit Price on the physical inventory line
The valuation of the adjustment uses it instead of the standard cost
The costing method is shown on the line, so you know what you are overriding
Editable in inventory mode, like the counted quantity
Left empty, the adjustment behaves exactly as before
The value goes into the valuation layer the adjustment creates
More Screens
Everything below was taken on a database seeded with real business data, on this series - not a mock-up and not a screenshot from an older version.
Valuation layers
What This App Does Not Do
Read this before you buy. Everything below is something the app deliberately leaves to another app or to you.
The price applies to the quantity the adjustment adds; revaluation is its own action.
FIFO, average and standard stay as configured - this is an override on one line.
With manual valuation there is no layer to carry the value.
Removing stock takes it out at the cost it is carried at, which is the correct behaviour.
Works Well With
Apps from the same stack, built to fit this one:
Who Should Use Inventory Adjustment with Cost Price?
Inventory manager
Enters an opening balance with the value it came in at.
Cost accountant
Stops correcting adjustment valuations with separate entries.
Auditor
Finds the counted quantity and its value on the same record.
Frequently Asked Questions
What does Inventory Adjustment with Cost Price do?
A unit price on the inventory adjustment line, so goods found during a count enter the books at a value you chose rather than at whatever was there before.
What does Inventory Adjustment with Cost Price not do?
It does not revalue existing stock. The price applies to the quantity the adjustment adds; revaluation is its own action. It does not change your costing method. FIFO, average and standard stay as configured - this is an override on one line. It needs automated valuation to show in the books. With manual valuation there is no layer to carry the value. No price on a negative adjustment. Removing stock takes it out at the cost it is carried at, which is the correct behaviour.
Who is Inventory Adjustment with Cost Price for?
Inventory manager: Enters an opening balance with the value it came in at. Cost accountant: Stops correcting adjustment valuations with separate entries. Auditor: Finds the counted quantity and its value on the same record.
Which Odoo version and editions does it support?
Odoo 17.0 - Odoo Community, Odoo Enterprise, Viindoo Cloud. Upgrades to a newer Odoo series are a separate purchase for that series.
What does it depend on?
It installs on top of: stock_account. Odoo installs them with it.
How do I set it up?
One column, on the count screen.
What works well with it?
Inventory Backdate (viin_stock_backdate): Counting on the date the count happened. Stock & Journal Links (to_stock_account_moves_link): Following the adjustment entry back to the count. Stock Age Report (to_stock_age_report): What that valuation is made of, by age.
Can I try it before buying?
Yes - the Live Preview button at the top of this page opens the module's own screen on a working database.
How do I get support?
Write to apps.support@viindoo.com with your Odoo version and the technical name viin_inventory_adjustment_with_cost_price; pre-sales questions go to sales@viindoo.com.
See Inventory Adjustment with Cost Price in Action
Live demo: v17demo-int.viindoo.com/web#action=stock.action_view_inventory_tree
Need help with Inventory Adjustment with Cost Price?
For questions, implementation support or a custom feature, contact Viindoo.
Pre-Sales & Partnership
sales@viindoo.comUpgrades to a newer Odoo series are a separate purchase for that series.
All Viindoo apps: apps.odoo.com/apps/modules/browse?author=Viindoo
Technical Requirement
Changes log
0.1.0 - Latest on the 17.0 line
- The unit price is part of the fields inventory mode may write, so it can be filled during a count.
Installation
- Navigate to Apps.
- Search with keyword viin_inventory_adjustment_with_cost_price.
- Press Install.
Instructions
Instruction video: Inventory Adjustment with Cost Price
After installing this module, the Unit price field is displayed on the Inventory Adjustments form which allows you to adjust the unit price of a product.
Once the inventory adjustment is completed, press Apply.
Note: If you use the Automated inventory valuation method, journal entries registering the pricing and quantity adjustments will be automatically created accordingly.
This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file).
You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one).
It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software.
The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software.
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.