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Process Costing Manufacturing for By-Products

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Required Apps Inventory (stock)
Manufacturing (mrp)
Discuss (mail)
Community Apps Dependencies odoo_process_costing_manufacturing
Technical Name process_costing_manufacturing_byproduct
License OPL-1
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Technical Name process_costing_manufacturing_byproduct
License OPL-1

Introduction

The Process Costing Manufacturing for By-Products module enables businesses to accurately calculate and manage the costs associated with by-products in manufacturing orders. This functionality allows for detailed tracking of material, labor, and overhead costs, ensuring comprehensive cost analysis and reporting.

Key Features

  • Cost Configuration in Bill of Materials (BOM): Define direct material, labor, and overhead costs for by-products within the BOM.

  • Automatic Cost Transfer to Manufacturing Orders: When creating a manufacturing order from a BOM, the system automatically transfers the configured costs to the by-products tab.

  • Real-Time Cost Updates: Adjusting the quantity in the manufacturing order will automatically update the cost lines for by-products based on the new quantity.

  • Manual Cost Adjustments: Users can manually update the actual quantity and costs for by-products at any time.

  • Costing Reports: Generate detailed reports summarizing the process costing for by-products, including material, labor, and overhead costs.

  • No Accounting Entries: This module does not create accounting entries; it focuses solely on cost tracking and reporting.

Benefits

  • Accurate Cost Tracking: Ensure precise tracking of costs associated with by-products, leading to more accurate financial analysis.

  • Enhanced Decision-Making: Access detailed costing information to make informed decisions regarding production processes and pricing strategies.

  • Improved Cost Control: Monitor and manage costs effectively, identifying areas for potential savings and efficiency improvements.

  • Streamlined Reporting: Generate comprehensive reports that provide clear insights into the cost structure of by-products.

Compatibility & Technical Details

  • Required Modules: Manufacturing (mrp), Discuss (mail)

  • License: Odoo Proprietary License v1.0 (OPL-1)

  • Technical Name: process_costing_manufacturing_byproduct

  • Installation: Install via the Odoo Apps interface. After installation, configure the module settings to define cost parameters in the BOM and adjust manufacturing order quantities as needed.

Odoo Proprietary License v1.0
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.