Material Costs of MRP Process Costing based on Fifo / Average Cost / Standard Cost

Fifo / Average Cost / Standard Cost based Material Costs for Manufacturing Process Costing

Manufacturing / Production Order Process Costing Odoo App

This app provides features of Cost / Unit (Inventory Valuation) that will be computed at the time of the manufacturing order done only, before the manufacturing order is done it will be displayed as standard cost from product form. Also note that Cost / Unit (Inventory Valuation) will be computed using product configuration based on costing methods (like FiFo, Average Cost, and Standard Cost) as shown in the below screenshots and shown in the video.

• Manufacturing materials costs with product costing method Fifo, average cost, and standard cost. The system will show you material costs by considering product configuration for the costing method (Odoo standard).
• This app provides features of Cost / Unit (Inventory Valuation) that will be computed at the time of the manufacturing order done only, before the manufacturing order is done it will be displayed as standard cost from product form. Also note that Cost / Unit (Inventory Valuation) will be computed using product configuration based on costing methods (like FiFo, Average Cost, and Standard Cost).
• System will also show you cost of finished product based on materials costs using FIFO / Average Cost, please note that this cost will be shown only when MRP is done.