Archives
Contributors
Re: Delayed stock valuation in a specific situation
by Pedro M. Baeza - 11:15 - 4 Dec 2020
Reference
-
Delayed stock valuation in a specific situation
Hello, another peculiar problem which occurs quite often here in Slovakia in SO-PO scenarios. By the law we use Average Cost for stock valuation. I am not skilled enough in accounting and stock valuation principles so I might be guessing here and there - especially on how Odoo worksin this regard. Feel free to correct where necessary. In certain situations it can happen that you receive a product from vendor but you don't have an invoice for that yet and don't know exact price. I know it sounds strange but we work as partners with certain producers and sometimes we just do not have 100% updated pricelists. We do not use RfQs and just straight order - usually with zeroed prices and wait for invoice to fill them in. You want to ship the product to the customer ASAP. Now in here they solve it using what is called "delayed stock out" (not sure about correct translation). The idea here is that because we didn't receive the invoice from vendor yet, we cannot calculate stock value yet. But at the same time we need to send the product to customer with customer invoice. But in that case we cannot recalculate stock value because we do not yet know the average value (because that depends on that invoice we're yet to receive). Have you stumbled upon anything similar? Is there an existing way to deal with this? As far as I understand the inner working of Odoo here, the value of incoming stock is taken from POL and put into stock.move to be later used for stock value recalculation. But we might not have the correct price in POL. The way AFAIK various accounting softwares deal with this is to put the incoming stcok value recalculation into some kind of queue until the invoice comes in and then process them. But that also means putting into that queue all the other moves regarding the same product. Implementing this into Odoo seems quite a big change. Any kind of help is welcome. Best regards Radovan Skolnik
by Radovan Skolnik - 11:05 - 4 Dec 2020