INVENTORY - Odoo 17 Enterprise Book

By turning on this functionality, you may add customized landing charges to your products. You can first construct a buy order for a few items from the same product categories and confirm the order in order to get a better understanding of how the landed cost works. For products with an AVCO or FIFO costing technique set up, you can set landing costs. Such products' inventory valuation ought to be Automated. This is the prerequisite for the landed cost that you must consider when customizing it.

Under the Products line, you can see the unit costs of the products as you purchase them. Your purchase will be confirmed once you click the Confirm Order button. When you select the Receive Products button, these items will be added to your inventory records.

You can now get the items in your inventory. By selecting the Validate button, you may verify that the products were successfully transferred. The items that were purchased are now stocked in the area designated on the receipt. When selling these things, you can include landed costs in the price.

Consider spending some money on the transfers to get these goods to the desired area. You can add your misplaced funds from transfers as an extra fee to the merchandise. You are able to apply charges for the products using the landed cost option in Odoo 17 Inventory.

To do this, access the Inventory module's Operations menu. As seen in the graphic below, the Landed Costs platform is there.

You can get the specifics of the previously created landed charges from this window. You can add a new landed cost by selecting the New button.

You will find the creation date in the appropriate field here. On manufacturing orders or transfers, you can set the new landed cost. Since we want to add landing expenses for transfers, we can choose Transfers in the Apply On field. In the Transfers area, you can give the receipt ID that we produced earlier. The relevant fields allow you to specify the goods' Journal, Company, and Vendor Bill. Using the Add a Line button, you can indicate the additional expenses under the Additional Costs tab.

Here, we included transport as a separate expense. Remember to save Transportation as a service product when configuring Transportation as an additional fee, as indicated in the figure below.

You can choose the appropriate Split Method once you've mentioned the Product, Description, and Account information.

How this landing cost is allocated to the products listed in the transfer receipt will be determined by the Split Method. According to your company's policy, it can be configured as Equal, By Quantity, By Current Cost, By Weight, and By Volume. In this situation, we might choose the Equal split approach. Click on the Compute button to compute the landed cost.

Using the Validate button, you can now verify the landing cost.

The value information for the landed cost will be provided by the smart button Valuation. The landing cost is allocated equally among the products listed in the specific receipt, as can be seen in the screenshot below.

The selling price of the goods will include this expense. You can establish landed expenses for your products using this technique, which can boost your sales profit.