openerp-india team mailing list archive
-
openerp-india team
-
Mailing list archive
-
Message #05822
[Bug 922077] Re: anglo saxon - must handle product price diff between purchase and invoice
Yes - I we look at
http://www.accounting-basics-for-students.com/fifo-method.html
3 methods are decribed
IMHO FIFO and LIFO are not supported by standard OpenERP as for this we would need to check the purchase price and quantity - and the price was not part of the stock moves till 6.1 I think.
OpenERP supports 2 pricing methods
* standard price
* average price
and 3 accounting methods
* continental (standard)
* anglo saxon - which needs some already published bugreports + patches
may be I missed some modules
from current trunk
./openobject-addons/stock/__openerp__.py:33: * Different inventory methods (FIFO, LIFO, ...)
./openobject-addons/stock/stock.py:156: # temporarily removed, as it's unused: 'allocation_method': fields.selection([('fifo', 'FIFO'), ('lifo', 'LIFO'), ('nearest', 'Nearest')], 'Allocation Method', required=True),
BTW average price may need to some tests and extensions as I do not know yet how to handle revaluation of goods together with real time accounting
these obviously need moves with qty=0 and value = +/- value correction
--
You received this bug notification because you are a member of OpenERP
Indian Team, which is subscribed to OpenERP Addons.
https://bugs.launchpad.net/bugs/922077
Title:
anglo saxon - must handle product price diff between purchase and
invoice
Status in OpenERP Addons (modules):
Incomplete
Bug description:
very often the purchase order price is an indication, but the "real"
(day) price is different
using anglo saxon method this difference must result in a account
move line to balance the input account
patch will follow
To manage notifications about this bug go to:
https://bugs.launchpad.net/openobject-addons/+bug/922077/+subscriptions
Follow ups
References