mirror of
https://github.com/odoo/documentation.git
synced 2025-12-12 07:29:27 +07:00
[REM] Inventory: remove stock valuation documentation
closes odoo/documentation#15432 Signed-off-by: Erin Jerison (erjer) <erjer@odoo.com>
This commit is contained in:
@@ -9,8 +9,7 @@ Track :doc:`inventory valuation <cheat_sheet>` by :doc:`lots or serial numbers
|
||||
based on lot or serial numbers.
|
||||
#. Track the actual cost of manufactured products, based on the real cost of each tracked component
|
||||
used.
|
||||
#. Depreciate specific lot or serial numbers when they :doc:`sit in stock for too long
|
||||
<../warehouses_storage/reporting/aging>`.
|
||||
#. Depreciate specific lot or serial numbers when they sit in stock for too long.
|
||||
|
||||
.. important::
|
||||
Please read this :doc:`introduction to inventory valuation <cheat_sheet>` before setting up
|
||||
|
||||
@@ -11,5 +11,4 @@ Reporting
|
||||
reporting/stock
|
||||
reporting/locations
|
||||
reporting/moves_history
|
||||
reporting/aging
|
||||
reporting/dashboards
|
||||
|
||||
@@ -1,225 +0,0 @@
|
||||
=========================
|
||||
Stock valuation reporting
|
||||
=========================
|
||||
|
||||
.. |SVLs| replace:: :abbr:`SVLs (stock valuation layers)`
|
||||
|
||||
When a company has physical assets, such as inventory, they often want to know approximately how
|
||||
much has been spent on these goods, or how much they are worth at the moment. This process of
|
||||
assigning a monetary value to account for inventory is known as *stock valuation*.
|
||||
|
||||
This value is often reported for accounting purposes. For instance, an insurance company may want to
|
||||
know the value of goods stored in a warehouse, in the event of a flood or fire.
|
||||
|
||||
:doc:`Stock valuation <../../inventory_valuation/cheat_sheet>` typically utilizes one of two
|
||||
accounting systems:
|
||||
|
||||
- **Perpetual**: The inventory is constantly (perpetually) being updated, and the value is
|
||||
constantly changing.
|
||||
- **Periodic**: The inventory value is checked on an occasional (periodic) basis, and the value is
|
||||
set at this occasional time.
|
||||
|
||||
Using :ref:`tracked inventory <inventory/product_management/tracking-inventory>` in Odoo
|
||||
necessitates a *perpetual* inventory accounting system because of the need to know when and where
|
||||
inventory exists, and how much of it is available or forecasted. There are a few common valuation
|
||||
methods used in Odoo: *standard price*, *average cost* (AVCO), and *first in, first out* (FIFO)
|
||||
accounting. It is important to know that the valuation method chosen for a product impacts the
|
||||
calculation of several fields in the stock valuation reports.
|
||||
|
||||
Open the reporting screen
|
||||
=========================
|
||||
|
||||
Odoo's *Stock Valuation* reporting screen displays the financial value of all tracked inventory,
|
||||
according to each product's stock valuation method. This can provide insights into potential issues
|
||||
in the supply chain, such as sunken purchase costs or delays in profitability. To access stock
|
||||
valuation reporting, go to :menuselection:`Inventory app --> Reporting --> Valuation`.
|
||||
|
||||
.. important::
|
||||
The :menuselection:`Reporting` menu in **Inventory** is only accessible to users with
|
||||
:doc:`admin access <../../../../general/users/access_rights>`.
|
||||
|
||||
This reporting screen has three different views, or inventory reports — :ref:`list view
|
||||
<inventory/warehouses_storage/valuation-report>` (i.e. the default stock valuation report),
|
||||
:ref:`pivot view <inventory/warehouses_storage/aging-report>` (i.e. the stock aging report), and
|
||||
:ref:`graph view <inventory/warehouses_storage/graph-view>`. Each view can be customized with
|
||||
different fields to break down inventory valuation by product, operation type, date, or company.
|
||||
|
||||
All three views can be filtered by various fields. To apply filters, click into the search bar at
|
||||
the top of the report, or click the drop-down arrow next to it. For example, selecting the filter
|
||||
:guilabel:`Has Remaining Qty` will show only products that are currently in stock.
|
||||
|
||||
.. _inventory/warehouses_storage/valuation-report:
|
||||
|
||||
List view: stock valuation
|
||||
==========================
|
||||
|
||||
By default, the :guilabel:`Stock Valuation` reporting screen displays in *list view*, represented by
|
||||
the :icon:`oi-view-list` :guilabel:`(list)` icon. This report shows a detailed record of stock
|
||||
movements and their valuations.
|
||||
|
||||
Configure
|
||||
---------
|
||||
|
||||
The following columns are displayed by default:
|
||||
|
||||
- :guilabel:`Date`: the date and time when the :ref:`stock move <inventory/warehouses_storage/svl>`
|
||||
was created. The valuation report is sorted by this field by default, emphasizing the importance
|
||||
of time when valuing inventory. To sort the report by a different column, simply click on the
|
||||
column title.
|
||||
- :guilabel:`Reference`: the reference document associated with this stock move (e.g., a warehouse
|
||||
receipt, a delivery order, or a manual inventory adjustment).
|
||||
- :guilabel:`Product`: the product that is being moved and valued.
|
||||
- :guilabel:`Quantity`: the number of units by which this product's stock has increased or
|
||||
decreased in this particular stock move.
|
||||
- :guilabel:`Total Value`: the value of the product's stock in this particular stock move,
|
||||
calculated by multiplying the :guilabel:`Quantity` and :guilabel:`Unit Value`.
|
||||
|
||||
.. note::
|
||||
If a :guilabel:`Reference` document includes several goods, there will be a separate line item
|
||||
generated on the report for each good.
|
||||
|
||||
There are additional fields that can be added to this view to provide more insight into the stock's
|
||||
valuation. To add fields, click the :icon:`oi-settings-adjust` :guilabel:`(adjust)` icon, and select
|
||||
the desired fields:
|
||||
|
||||
- :guilabel:`Lot/Serial Number`: the uniquely identifying lot or serial number for this product.
|
||||
- :guilabel:`Company`: for businesses that operate with multiple companies, this field displays the
|
||||
company by which this stock move took place.
|
||||
- :guilabel:`Remaining Quantity`: the number of units remaining for this valuation of the product,
|
||||
after demand has been accounted for (even from other stock moves). This field can be especially
|
||||
helpful for :abbr:`FIFO (First In, First Out)` and :abbr:`AVCO (Average Cost)` accounting, as it
|
||||
conveys which units of stock came into a warehouse first and the value of said stock.
|
||||
- :guilabel:`Unit Value`: the cost of one unit of the product for the company (**not** the price to
|
||||
consumers).
|
||||
- :guilabel:`Description`: a description of the reason for this stock valuation (typically, a stock
|
||||
move has occurred). By default, this field is set as the concatenation of the
|
||||
:guilabel:`Reference` and :guilabel:`Product` fields. However, the field may also display other
|
||||
important messages for this line item, such as a note stating that the line item is an adjustment
|
||||
due to a change in the product's inventory valuation method.
|
||||
- :guilabel:`Remaining Value`: the value of this product's current stock levels for this particular
|
||||
stock move, after demand has been accounted for. Along with :guilabel:`Remaining Quantity`, this
|
||||
field can be especially helpful for :abbr:`FIFO (First In, First Out)` and
|
||||
:abbr:`AVCO (Average Cost)` accounting, as they convey which stock came into a warehouse first and
|
||||
the value of said stock.
|
||||
|
||||
.. tip::
|
||||
Some of these settings may not appear unless first enabled in **Settings** application.
|
||||
|
||||
.. image:: aging/stock-valuation-report.png
|
||||
:alt: Stock valuation report.
|
||||
|
||||
.. _inventory/warehouses_storage/svl:
|
||||
|
||||
Stock valuation layers (SVLs)
|
||||
-----------------------------
|
||||
|
||||
Each line item in the :guilabel:`Stock Valuation` report represents a record in Odoo's system known
|
||||
as a *stock valuation layer (SVL)*. :abbr:`SVLs (stock move layers)` are generated when products
|
||||
move in a way that impacts their stock valuation. Specifically, the stock moves that generate
|
||||
:abbr:`SVLs (stock move layers)` are warehouse receipts, deliveries, dropshipping orders, and
|
||||
dropshipping returns. These stock moves must first be validated (by clicking the
|
||||
:guilabel:`Validate` button) for the :abbr:`SVL (stock move layer)` to be created.
|
||||
|
||||
If a product's inventory valuation method changes on the product form, new line items are generated
|
||||
on the :guilabel:`Stock Valuation` report to reflect the resulting :abbr:`SVLs (stock move layers)`.
|
||||
For example, if the valuation method changes from *standard price* to either :abbr:`AVCO (Average
|
||||
Cost)` or :abbr:`FIFO (First In, First Out)` accounting, *revaluation entries* will be
|
||||
automatically posted to reflect the change in pricing for goods that remain in stock. One entry will
|
||||
be negative to "remove" the old pricing, and the second entry will be positive to record the new
|
||||
pricing. These entries are connected to journal entries in Odoo's **Accounting** app.
|
||||
|
||||
Below is an example of what the :guilabel:`Stock Valuation` report shows when a few stock moves have
|
||||
occurred for a product using standard price accounting.
|
||||
|
||||
.. image:: aging/before-val-method-change.png
|
||||
:alt: Stock valuation report in standard price accounting.
|
||||
|
||||
Conversely, the following image depicts what the *Stock Valuation* report might look like
|
||||
after a product has switched from standard price to :abbr:`FIFO (First In, First Out)` accounting.
|
||||
|
||||
.. image:: aging/after-val-method-change.png
|
||||
:alt: Stock valuation report after switching from standard price to FIFO accounting.
|
||||
|
||||
.. example::
|
||||
The :guilabel:`Remaining Value` and :guilabel:`Remaining Quantity` fields are derived from what
|
||||
occurs at the :abbr:`SVL (stock move layer)` level in Odoo and, as such, are better understood
|
||||
with an example.
|
||||
|
||||
Frankie's Consignment Shop buys sweaters at the cost, or :guilabel:`Unit Value`, of `5.00`
|
||||
dollars. For the first time, Frankie's purchases and receives a :guilabel:`Quantity` of `100.00`
|
||||
sweaters in one stock move, then re-sells and delivers `-10.00` sweaters in a second stock move.
|
||||
|
||||
In the first stock move line item, the :guilabel:`Remaining Quantity` will change from `100.00`
|
||||
to `90.00`, once the second stock move is recorded. This change reflects that, although 100
|
||||
sweaters were originally purchased, only 90 of those sweaters remain in stock and should be
|
||||
counted in the valuation. Similarly, the :guilabel:`Remaining Value` will drop from `$500.00` to
|
||||
`$450.00`. The :guilabel:`Total Value` will remain at `$500.00`, regardless of subsequent
|
||||
transactions.
|
||||
|
||||
On the other hand, the :guilabel:`Remaining Quantity` of the second stock move line item will be
|
||||
recorded and remain at `0.00` because the quantity of `-10.00` was sold. In the system, because
|
||||
the :abbr:`SVL (stock move layer)` was a sale, there is no stock left that needs to be valued
|
||||
from that transaction.
|
||||
|
||||
.. image:: aging/remaining-val-quant.png
|
||||
:alt: Remaining value and quantity are calculated based on :abbr:`SVLs (stock move layers)`.
|
||||
|
||||
Change the valuation date
|
||||
-------------------------
|
||||
|
||||
To see the valuation of stock moves at a specific date and time, click the :guilabel:`Valuation At
|
||||
Date` button, located in the top-left corner of the :guilabel:`Stock Valuation` page. The report
|
||||
will show the :guilabel:`Quantity` and :guilabel:`Total Value` of each stock move.
|
||||
|
||||
.. note::
|
||||
The :guilabel:`Remaining Quantity` and :guilabel:`Remaining Value` of the stock moves will *not*
|
||||
be point-in-time for any dates chosen in the past. The stock moves shown when selecting a past
|
||||
date will still display the *current on-hand quantity and value* of the products.
|
||||
|
||||
.. example::
|
||||
A business has 100 sofas in stock on January 1st and sells 20 of those sofas on February 1st. The
|
||||
:guilabel:`Remaining Quantity` of the :abbr:`SVL (stock move layer)` will drop from `100.00` to
|
||||
`80.00` on February 1st. If no other stock moves take place, and on February 1st, the
|
||||
:guilabel:`Valuation at Date` is selected as January 1st, the :guilabel:`Remaining Quantity`
|
||||
will still show as `80.00`.
|
||||
|
||||
.. _inventory/warehouses_storage/aging-report:
|
||||
|
||||
Pivot view: stock aging
|
||||
=======================
|
||||
|
||||
From the :guilabel:`Stock Valuation` reporting screen, access pivot view by clicking the
|
||||
:icon:`oi-view-pivot` :guilabel:`(pivot)` icon. This view is essentially a *stock aging report*, and
|
||||
it shows the on-hand quantity and value of inventory by purchase date, which can help monitor
|
||||
products with expiration dates.
|
||||
|
||||
Configure
|
||||
---------
|
||||
|
||||
By default, the pivot view shows the value of all *product categories* by *day and month*. Clicking
|
||||
the :icon:`fa-plus-square` :guilabel:`(plus)` icon in each column or row will reveal a drop-down
|
||||
list of options to create a more granular breakdown of the inventory valuation. The drop-down
|
||||
options include: :guilabel:`Product`, :guilabel:`Lot/Serial Number`, :guilabel:`Product Category`,
|
||||
:guilabel:`Date`, :guilabel:`Company`, or :guilabel:`Add Custom Group` Clicking the
|
||||
:icon:`fa-minus-square-o` :guilabel:`(minus)` icon collapses the field back to an empty state.
|
||||
|
||||
In the table, the :guilabel:`Remaining Qty` column displays the number of on-hand items, and
|
||||
:guilabel:`Remaining Value` displays the total cost of purchasing these items.
|
||||
|
||||
.. image:: aging/stock-aging-report.png
|
||||
:alt: Stock aging report, showing product row items and day columns.
|
||||
|
||||
.. _inventory/warehouses_storage/graph-view:
|
||||
|
||||
Graph view
|
||||
==========
|
||||
|
||||
The stock value can be depicted graphically by clicking the :icon:`fa-area-chart`
|
||||
:guilabel:`(graph)` icon. By default, the graph is displayed in :icon:`fa-line-chart` line chart
|
||||
view and filtered to show the cumulative total of all inventory value over time in Odoo.
|
||||
|
||||
At the top of the report, a :icon:`fa-bar-chart` bar chart or :icon:`fa-pie-chart` pie chart view
|
||||
can be selected instead.
|
||||
|
||||
.. seealso::
|
||||
:doc:`Odoo reporting essentials <../../../../essentials/reporting>`
|
||||
Binary file not shown.
|
Before Width: | Height: | Size: 18 KiB |
Binary file not shown.
|
Before Width: | Height: | Size: 13 KiB |
Binary file not shown.
|
Before Width: | Height: | Size: 14 KiB |
Binary file not shown.
|
Before Width: | Height: | Size: 34 KiB |
Binary file not shown.
|
Before Width: | Height: | Size: 24 KiB |
Reference in New Issue
Block a user