Specific Identification Costing
by Viindoo
| Lines of Code | 1314 |
| Technical name | viin_stock_specific_identification |
| License | OPL-1 |
| Website | https://viindoo.com/apps/modules/17.0/viin_stock_specific_identification |
| Read description for | v 13.0 v 14.0 v 15.0 v 16.0 |
| Required Apps | Invoicing (account) Discuss (mail) Inventory (stock) |
| Extensions | Stock Internal Transit Valuation - Specific Identification Stock Specific Identification & Purchase Stock Specific Identification Costing & Landed Costs Stock Specific Identification & Manufacturing |
Every serial number carries its own cost
A Specific Identification costing method on the product category: each lot or serial is valued at what it actually cost, in and out, with the lot on every valuation layer.
Specific Identification Costing (technical name viin_stock_specific_identification) is an Odoo 17.0 app for Odoo Community and Odoo Enterprise and Viindoo Cloud, built for cost accountant, warehouse, controller, auditor.
At a Glance
The facts of Specific Identification Costing, version 0.1.0, in one place. Published by Viindoo.
How It Works
Set the category to Specific Identification, track by lot or serial, receive and ship.
The layers
Three spindles in at $4,200 each, a price-difference layer per serial, one consumed, one shipped - each line names its serial.
The category
Costing method: Specific Identification, valuation automated.
The receipt
Serials assigned on receipt; one layer each.
What You Get
Specific Identification in the product category costing methods
One valuation layer per lot or serial on receipt, at that unit's cost
Outgoing moves consume the layer of the lot that left
Lot/Serial Number column and filter on the stock valuation report
Journal entries generated per layer
Guard: no switching a category with untracked or already-valued products
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.
The receipt
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.
Untracked products block the switch.
Empty the category or start a new one.
This module covers receipts, deliveries and inventory.
Serial numbers give one cost per unit.
Works Well With
Apps from the same stack, built to fit this one:
Specific identification & purchase
Bill price differences per serial.
viin_stock_specific_identification_purchase_stockSpecific identification & manufacturing
Finished goods costed from the serials consumed.
viin_stock_specific_identification_mrpWho Should Use Specific Identification Costing?
Cost accountant
Books the exact cost of the unit sold.
Warehouse
Works with serials as usual; costing follows.
Controller
Reads margin per unit, not per average.
Auditor
Traces a layer to a serial number.
Frequently Asked Questions
What does Specific Identification Costing do?
A Specific Identification costing method on the product category: each lot or serial is valued at what it actually cost, in and out, with the lot on every valuation layer.
What does Specific Identification Costing not do?
Tracking by lot or serial is mandatory. Untracked products block the switch. No switching with valued stock. Empty the category or start a new one. Manufacturing and purchase adjustments are companions. This module covers receipts, deliveries and inventory. A lot with several units shares one cost. Serial numbers give one cost per unit.
Who is Specific Identification Costing for?
Cost accountant: Books the exact cost of the unit sold. Warehouse: Works with serials as usual; costing follows. Controller: Reads margin per unit, not per average. Auditor: Traces a layer to a serial number.
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?
Set the category to Specific Identification, track by lot or serial, receive and ship.
What works well with it?
Specific identification & purchase (viin_stock_specific_identification_purchase_stock): Bill price differences per serial. Specific identification & manufacturing (viin_stock_specific_identification_mrp): Finished goods costed from the serials consumed. Transit valuation (viin_stock_internal_transit_valuation): Value in transit.
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_stock_specific_identification; pre-sales questions go to sales@viindoo.com.
See Specific Identification Costing in Action
Live demo: v17demo-int.viindoo.com/web#action=stock_account.stock_valuation_layer_action
Need help with Specific Identification Costing?
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
- Aligned with the 17.0 models and views.
Installation
- Navigate to Apps.
- Search with keyword viin_stock_specific_identification.
- Press Install.
Instructions
Instruction video: Stock Specific Identification
Initial settings
Configure Specific Identification costing method:
On the Accounting app, the costing method is configured on the product category.
Go to the Inventory app > Configuration > Product Categories, the Specific Identification option is available in the Costing Method field. Select this method, add the necessary information then press Save.
Configure product tracking by lots/serial number:
To manage inventory by specific identification costing method, you need to set up the product tracking by lots/serial number.
- On the Inventory app: Navigate to Inventory > Configuration > Settings > Traceability, enable the Lots & Serial Numbers option then click Save.
- On the product form: Go to Inventory > Products > Products and select the one that you need to configure. Press Edit and select tracking By Unique Serial Number or By Lots in the Inventory tab.
Usage
Receive products in the warehouse:
On the incoming receipt, add the corresponding lot/serial number of the product then validate the receipt. In this example: Receive 3 products by serial number, the unit price is 2.000.000 VND.
Deliver product:
On the outgoing receipt, add the exact lot/serial number of the product that you want to deliver then validate the receipt.
View Stock Valuation report:
Navigate to Inventory > Reporting > Stock Valuation to view the Stock Valuation report. From here, you can see the incoming and outgoing values of each lot/serial number in the previous step.
Note: On the Product Category, select the Automated inventory valuation to enable the automatic creation of journal entries whenever an inventory transfer is validated.
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).
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