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Stock valuation layers in inter-warehouse transfers

Provides the functionality to create Stock Valuation Layers for Internal Transfers between Internal and Transit locations
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STORY BEHIND THE FEATURES

ODOO BEHAVIOR

Odoo does not provide the functionality to create Stock Valuation Layers for Internal Transfers when Source Location: Transit Location & Destination Location: Internal Location (or vice versa). This limitation may pose challenges for businesses that wish to track valuation impact during stock movements between these locations

CLUEDOO BEHAVIOR

CLueoo provides the functionality to create Stock Valuation Layers for Internal Transfers when Source Location: Transit Location & Destination Location: Internal Location (or vice versa), enabling businesses to accurately track and reflect changes in inventory value between these locations. As a result, Landed Costs can be applied to internal transfers with the above source and destination location setup



HOW TO USE THIS MODULE ?


Internal Transfer

1

Go to Inventory > Internal Transfers > Create a new Internal Transfer > Add products (Goods) > Set up Source Location and Destination Location:

Case 1

  • Source Location: Internal Location
  • Destination Location: Transit Location
Case 2
  • Source Location: Transit Location
  • Destination Location: Internal Location
> Validate





2

Click on Valuation button > Can see 2 stock valuation layers automatically created > Notice that the Moved Quantity is visible based on Location and Delivered Quantity 

EX: The Delivered Quantity of WH/INT/00086 = 2 

=> The Moved Quantity of Internal Location = -2, and that of Transit Location = 2 



3

Note: If you create an internal transfer with the product with the configuration like:

  • Product Type: Storage Product
  • Cost: Inputted
  • Inventory Valuation of Category: Automated

> There will be a Journal Entry created on the Stock Valuation Layer as well



Apply Landed Cost to Internal Transfer

1

Apply Landed Cost to Internal Transfer successfully only when the Product of Internal Transfer has the following condition:
  • Product Category of Product: Costing Method: AVCO/ FIFO/ Real + Inventory Valuation: Automated

2

Go to Inventory > Landed Costs > Create a new Landed Cost > Set up:

  • Apply on: Transfers
  • Transfers: Add the created Internal Transfer with above condition (Step 1)
  • Add Landed Cost Product
> Validate

3

Click on Valuation button > You can see a stock valuation layer created for the Landed Cost automatically as well