2. โ One can easily categorize products in Odoo using the product
category option.
โ To create a new product category, In Inventory module ,
โ Configuration-->Products-->Productcategories-->Create
3.
4. โ Category Name: One can provide the new category name to
indicate a new category.
โ Parent category: One can create the hierarchy of the product
category by choosing the parent category. Null selection is also
possible if you donโt need one .
5.
6. โ Force removal strategy: Select a specific removal strategy
that will be used regardless of the source location for the
product category.
2 types of forced removal strategy available in Odoo product
Categories. They are,
1.FIFO(First in First Out)
2.LIFO(Last in Last Out)
7. Inventory Valuation : It is the cost associated with an entity's
inventory at the end of a reporting period. It has following
costing methods .
Standard Price
Average Cost
First in First Out
8. โSteps to add new category to a product:
Can add the category to the existing products or to a new
product at the time of product creation .
1.Go to Inventory โ Master products โ products .Select a
product to change the category of the product.
Or
Create a product through Inventory โ Master products โ
products โ Create.
9.
10. โ If a product is added to any of the categories ,it will reflect in
the highlighted portion shown below:
โ If any change is made to the product categories the same will
affect to the products ,entered in that category earlier .