Package: odoo12-addon-stock-inventory-revaluation
If your company runs a perpetual inventory system, you may need to perform
inventory revaluation. A revaluation updates both the inventory
account balance, and the stock value of products.This module takes three different methods of stock revaluationStock-Move-Specific Valuation (FIFO costing)Simple Price Change (standard/average costing)Inventory-Total-Value Price Change (standard/average costing)Stock-Move-Specific ValuationStock-Move-Specific valuation applies if the product is configured for FIFO
costing. In this case, the user selects specific stock moves for which to
change value. A journal entry is created for each stock move on which the
value is changed.Simple Price ChangeA simple price change updates the standard/average cost of the product,
regardless of the available stock. The user specifies a new per-unit price,
and posts the change. A journal entry is created for all stock moves having
positive remaining stock value. The amount of the posted entry is the
difference between the new and old price, multiplied by the quantity available.Inventory-Total-Value Price ChangeThis is a price change, based on total available stock value. It updates the
standard/average cost of the product, based on available stock. The user
specifies a new total value for available stock. The standard/average price
of the product is updated to the new total value divided by the available
quantity. A journal entry is created for all stock moves having positive
remaining stock value. The amount of the posted entry is the difference
between the new and old total value.Table of contentsConfigurationUsers wanting to access to the Inventory Revaluation menu should be
members of the group “Manage Inventory Valuation and Costing Methods”.The Revaluation can automatically select contra-accounts to the Stock
Valuation Account.  To configure this, define a Valuation Increase Account
and a Valuation Decrease Account for each product category. Do that here:Inventory / Configuration / Products / Product CategoriesUsageGo toInventory / Inventory Control / Inventory Revaluationto create a
new Inventory Revaluation.For products set with average/standard price, and automated valuation, go
to the Product form and use the “Update Cost” link to change the standard
price.In order to post the inventory revaluation for multiple items at once,
select the records in the tree view and go toAction / Post Inventory Revaluations.To set default valuation increase/decrease accounts by product category, go
toInventory / Configuration / Product CategoriesKnown issues / RoadmapKnown Issue: We can’t revalue individual lots/serials if there are multiple
on the same stock moveVersion 11 moved the cost from stock.quant to stock.move.  That
means there is no longer an individual cost assigned to specific
lots/serials.As a work around, you can internally transfer the lot/serial you want to
revalue.  This will separate it from the other lots/serials on the
original inbound stock move.Known Issue: Actual resulting stock value may differ slightly from that
specified by the user.  This can result when the Product Price
decimal precision is low, and there is a large quantity of product to
revaluate. For example:If we have 147 units on hand, and the precision for Product Price is 2
digitsWhen we specify a new value of 750, the actual value applied is 749.70At full precision, 750 / 147 = 5.102041, but the product cost gets
rounded to 5.10, and 5.10 * 147 = 749.70As a work around, you can change the decimal precision setting for Product
Price to have a greater number of digitsChangelog12.0.1.0.0 (2020-04-27)[MIG] Migrated to v12[FIX] Let the user set a posting date other than today
(#892)[IMP] Operate on stock moves, rather than stock quants[IMP] Select stock moves by Lot and Location[IMP] Let the user remove move lines from the revaluation, in draft stateBug TrackerBugs are tracked onGitHub Issues.
In case of trouble, please check there if your issue has already been reported.
If you spotted it first, help us smashing it by providing a detailed and welcomedfeedback.Do not contact contributors directly about support or help with technical issues.CreditsAuthorsEficent Business and IT Consulting Services S.L.Serpent Consulting Services Pvt. Ltd.Matt TaylorContributorsEficent Business and IT Consulting Services S.L. <contact@eficent.com>Serpent Consulting Services Pvt. Ltd. <support@serpentcs.com>Matt Taylor <matt454357@gmail.com> (https://github.com/matt454357)MaintainersThis module is maintained by the OCA.OCA, or the Odoo Community Association, is a nonprofit organization whose
mission is to support the collaborative development of Odoo features and
promote its widespread use.This module is part of theOCA/stock-logistics-warehouseproject on GitHub.You are welcome to contribute. To learn how please visithttps://odoo-community.org/page/Contribute.