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Reset and Cancel Landed Cost in Odoo

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10.04

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Required Apps Purchase (purchase)
Invoicing (account)
Discuss (mail)
Inventory (stock)
Technical Name stock_reverse_landed_costs_app
License OPL-1
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Technical Name stock_reverse_landed_costs_app
License OPL-1

Introduction

The "Reverse Landed Costs in Odoo" module enables users to cancel and reset validated landed costs within the Odoo system. This functionality is essential when errors occur in the landed cost entries, allowing businesses to maintain accurate inventory valuations and financial records without the need for complex manual adjustments.

Key Features

  • Cancel Landed Costs: Provides a straightforward method to cancel validated landed costs, ensuring that any incorrect entries can be rectified promptly.

  • Reset to Draft: After cancellation, users have the option to reset the landed cost back to the draft state, facilitating easy corrections and revalidation.

  • Automatic Reversal: Upon cancellation, the module automatically reverses related journal entries, stock moves, and valuation adjustments, ensuring consistency across the system.

  • User-Friendly Interface: Integrates seamlessly into the existing Odoo interface, offering an intuitive experience for users without the need for extensive training.

Benefits

  • Error Correction: Allows for quick and efficient correction of mistakes in landed cost entries, reducing the risk of financial discrepancies.

  • Maintained Accuracy: Ensures that inventory valuations and financial records remain accurate and up-to-date, supporting reliable reporting and decision-making.

  • Operational Efficiency: Streamlines the process of managing landed costs, saving time and resources by automating reversal and reset procedures.

  • Compliance Assurance: Helps maintain compliance with accounting standards by providing a clear and auditable trail of adjustments made to landed costs.

Compatibility & Technical Details

  • Technical Name: stock_reverse_landed_costs_app

  • License: Odoo Proprietary License v1.0

  • Required Applications:

    • Inventory (stock)

    • Purchase (purchase)

    • Invoicing (account)

    • Discuss (mail)

  • Installation: Compatible with Odoo's standard module installation process. Ensure that all required applications are installed and configured before adding this module

Cancel and Reset Landed Cost in Odoo


Reverse/Cancel WMS landed costs helps user to cancel landed costs which is already done/validated. this app is useful when user made mistake on landed cost and validate it. in default odoo after validate the landed cost there is no option to reverse or reset/change landed cost details. use of this app user can easily cancel the validated landed cost and reset back to draft stage and able to change the details of the landed cost. when user cancel the landed cost it reverse all the calculation like it delete created journal entry, revert amount of the landed cost from the inventory valuation also it will reset the product cost price amount, so everything will be correct. also this apps works on odoo enterprise and community both edition.


Cancel Landed Cost

User can cancel landed cost, using cancel button.

Delete/Unlink Journal Entry

Journal entries will be automatically removed upon canceling the landed cost.

Set Landed Cost to Draft

User can send landed cost to the draft, after canceling the landed cost.


Module Working Flow




Description


Create Landed Cost

User creates and computes landed cost. landed cost will be calculated for the products which is under selected transfer.


Validate Landed Cost

User can validate after computing the additional landed cost.


Cancel Landed Cost

User has option to cancel the additional landed cost after validation, and journal entries, valuation adjustments and stock moves will be automatically removed.


Cancelled Landed Cost

User can see cancelled landed cost and set it to draft state.


Recompute Landed Cost

Here user has flexibilty to make any change, update value in landed cost recompute again.


Validate the Landed Cost

User can validate the landed cost, and new stock move & new journal entry will be automatically created according to the updated values.



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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).

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or modified copies of the Software.

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IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
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IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM,
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ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER
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