In odoo 18, What are the three costing methods ?
A. FIFO,LIFO,AVCO
B. FIFO,FEFO,AVCO
C. FEFO,AVCO,Standard
D. FIFO,AVCO, Standard
This community is for professionals and enthusiasts of our products and services.
Share and discuss the best content and new marketing ideas, build your professional profile and become a better marketer together.
In odoo 18, What are the three costing methods ?
A. FIFO,LIFO,AVCO
B. FIFO,FEFO,AVCO
C. FEFO,AVCO,Standard
D. FIFO,AVCO, Standard
Answer: FIFO.AVCO,Standard
Explanation:
1. Enable Inventory Valuation
Go to: Accounting > Configuration > Settings
Enable Automatic Accounting
Click Save
2. Set Costing Method in Product Category
Go to: Inventory > Configuration > Product Categories
Edit or create a category
Under Inventory Valuation, set:
Costing Method: Standard / FIFO / AVCO
Inventory Valuation: Manual or Automated
3. Assign Category to Product
Go to: Inventory > Products
Open a product
Set the Product Category (with the chosen costing method)