Stock Specific Identification
by Viindoo
| Technical name | viin_stock_specific_identification |
| License | OPL-1 |
| Website | https://viindoo.com/apps/app/16.0/viin_stock_specific_identification |
| Read description for | v 15.0 v 13.0 v 14.0 v 16.0 |
| Required Apps | Invoicing (account) Discuss (mail) Inventory (stock) |
| Extensions | Stock Specific Identification & Purchase Stock Stock Specific Identification & Landed Costs Stock Internal Transit Valuation - Specific Identification |
What it does
Depending on the characteristics and production, each business can choose to apply a suitable costing method according to the Law. This module provides the Specific Identification costing method in the Inventory software.
Editions Supported
- Community Edition
- Enterprise Edition
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).
It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software.
The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software.
THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.