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Configure Landed
Costs in Odoo 15
www.cybrosys.com
INTRODUCTION
❖ The Landed cost of the product is considered as the aggregate amount included in
bringing a product to the buyer's warehouse aside from the product cost.
❖ That means this is the total amount of the product after finishing off all the required
procedures that are needed for getting the products.It is the integrating of additional
costs to products.
❖ The Landed Costs feature in the Odoo platform will allow you to include all the
additional costs that will include all the purchasing costs such as the purchase amount,
amount of the product, shipment, insurance, custom duties, service charges, currency
conversions, transportation fee and many other aspects.
❖ The landed cost can be calculated based on your company specifications. So it may
differ from one company to another based on the company policies, specifications and
product type.
❖ Goto Inventory module > Configuration > Product Categories
❖ Select/Create a new category and set it’s costing method as FIFO and inventory
valuation as Automated
❖ And set this product category for the product. Here these product have on hand quantity as 0.
❖ So let’s create purchase order for these products and confirm your order and RECEIVE
PRODUCTS.
❖ VALIDATE the delivery.
❖ Coming back to the purchase order, create bill and CONFIRM the bill.
❖ So if you need to add additional cost like transportation charge etc you can enable the
landed cost option from Configuration > Settings.
❖ Enable Landed Costs option and SAVE the changes.
❖ The various sorting options (Filters, Group By, Favourite search) in the platform allow
you to easily identify the required data from the whole list.
❖ Click CREATE button for creating new landed cost.
❖ Now let’s look into how to apply landed cost in transfer. So select your Delivery order and
Vendor bill. Under Additional costs tab enter the product select split method and enter additional
cost then COMPUTE
❖ After compute under Valuation Adjustments tab the additional charge equally splitted and
added to each products based on our equal split method. You can change the split method
and each time you have to click on COMPUTE button for calculating price.
❖ After validating, from Valuation smart button we can re evaluate the value of product.
For More
Details
Check our company website for related blogs and Odoo book.
Odoo 15 Enterprise Book
Check our YouTube channel for functional and technical
videos in Odoo.
How to Configure Landed Cost in Odoo15
Thank You

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Configure Landed Costs in Odoo 15

  • 1. Configure Landed Costs in Odoo 15 www.cybrosys.com
  • 2. INTRODUCTION ❖ The Landed cost of the product is considered as the aggregate amount included in bringing a product to the buyer's warehouse aside from the product cost. ❖ That means this is the total amount of the product after finishing off all the required procedures that are needed for getting the products.It is the integrating of additional costs to products. ❖ The Landed Costs feature in the Odoo platform will allow you to include all the additional costs that will include all the purchasing costs such as the purchase amount, amount of the product, shipment, insurance, custom duties, service charges, currency conversions, transportation fee and many other aspects. ❖ The landed cost can be calculated based on your company specifications. So it may differ from one company to another based on the company policies, specifications and product type.
  • 3. ❖ Goto Inventory module > Configuration > Product Categories
  • 4. ❖ Select/Create a new category and set it’s costing method as FIFO and inventory valuation as Automated
  • 5. ❖ And set this product category for the product. Here these product have on hand quantity as 0.
  • 6. ❖ So let’s create purchase order for these products and confirm your order and RECEIVE PRODUCTS.
  • 7. ❖ VALIDATE the delivery.
  • 8. ❖ Coming back to the purchase order, create bill and CONFIRM the bill.
  • 9. ❖ So if you need to add additional cost like transportation charge etc you can enable the landed cost option from Configuration > Settings.
  • 10. ❖ Enable Landed Costs option and SAVE the changes.
  • 11. ❖ The various sorting options (Filters, Group By, Favourite search) in the platform allow you to easily identify the required data from the whole list.
  • 12. ❖ Click CREATE button for creating new landed cost.
  • 13. ❖ Now let’s look into how to apply landed cost in transfer. So select your Delivery order and Vendor bill. Under Additional costs tab enter the product select split method and enter additional cost then COMPUTE
  • 14. ❖ After compute under Valuation Adjustments tab the additional charge equally splitted and added to each products based on our equal split method. You can change the split method and each time you have to click on COMPUTE button for calculating price.
  • 15. ❖ After validating, from Valuation smart button we can re evaluate the value of product.
  • 16. For More Details Check our company website for related blogs and Odoo book. Odoo 15 Enterprise Book Check our YouTube channel for functional and technical videos in Odoo. How to Configure Landed Cost in Odoo15
  • 17.