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[IMP] inventory: switch valuation to auto

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closes odoo/documentation#10271

X-original-commit: cb51299cf1
Signed-off-by: Felicia Kuan (feku) <feku@odoo.com>
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Felicious 2024-07-10 18:56:48 -07:00
parent b00ae1f3b0
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content/applications/inventory_and_mrp/inventory/warehouses_storage/inventory_valuation/inventory_valuation_config.rst
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@ -27,12 +27,18 @@ valuation updates in the *Inventory* app. For an introduction of inventory valua
to the :doc:`using_inventory_valuation` documentation.
.. warning::
Switching to automatic inventory valuation **does not** create journal entries for existing
stock, potentially leading to discrepancies between stock valuation and accounting journals.
Switching from manual to automatic inventory valuation may cause discrepancies between stock
valuation and accounting journals.
To manually post journal entries for existing stock, navigate to :menuselection:`Inventory app
--> Reporting --> Valuation` for a list of current stock and its value. Then, :doc:`post a
journal entry <../../../../finance/accounting/vendor_bills>` for each existing item.
One `successful strategy <https://www.odoo.com/r/Kvfg>`_ for switching to automated valuation:
#. Clear existing stock (possibly with an :doc:`inventory adjustment
<../inventory_management/count_products>`)
#. Change the inventory valuation method to *Automatic*
#. Return the existing stock, with the original monetary value (using an inventory adjustment)
Once the existing stock is recovered, the Odoo *Accounting* app automatically generates the
journal entries to corresponding stock valuation records.
Configuration
=============