[FIX] inventory: Add missing section in valuation
Re-add missing section about anglosaxon periodic inventory valuation I removed by mistake in previous commit.
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@ -319,6 +319,29 @@ Manufacturing Orders
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.. raw:: html
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.. raw:: html
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<hr style="float: none; visibility: hidden; margin: 0;">
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<hr style="float: none; visibility: hidden; margin: 0;">
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At the end of the month/year, your company does a physical inventory
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or just relies on the inventory in Odoo to value the stock into your books.
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Then you need to break down the purchase balance into both the inventory and
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the cost of goods sold using the following formula:
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Cost of goods sold (COGS) = Starting inventory value + Purchases – Closing inventory value
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To update the stock valuation in your books, record such an entry:
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.. h:div:: doc-aside
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.. rst-class:: values-table
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===================================== ===== ======
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\ Debit Credit
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===================================== ===== ======
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Assets: Inventory (closing value) X
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Expenses: Cost of Good Sold X
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Expenses: Purchased Goods X
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Assets: Inventory (starting value) X
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===================================== ===== ======
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Automated Inventory Valuation
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Automated Inventory Valuation
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-----------------------------
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-----------------------------
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