Stock Valuation - FIFO and Force Removal - FEFO: Will it work in Odoo?
Many business users and end customers dealing in grocery or food items having expiry date have questions to set up right strategy in Odoo Product Configuration. When we uses Average Costing method with FEFO force removal strategy, it works seamlessly to register my COGS without any hurdles.
Now, think if you are purchasing your goods from different vendors and those vendors sending different lot items with different expiry date. AND you have configured Stock valuation as FIFO and Force removal as FEFO. If you receive same item from two different vendors where vendor 1 sent item with standard expiry date which is received earlier and vendor 2 sent items with early expiry than standard date which is received later than vendor 1.
Will Odoo register right COGS?
For answers, please check the video.
