Inventory & Manufacturing
Know what your products
really cost.
For product businesses, stock is where accounts most often go wrong. We set up Odoo Inventory and Manufacturing so stock valuation, costing and margins are right from day one, because we're the accountants who rely on them.
Common problems we fix
Products with a zero or outdated cost, quietly understating cost of sales.
Stock valuation that doesn't reconcile to the balance sheet.
Freight, duty and import costs missing from product costs.
Bills of materials that don't reflect what's actually used.
Work in progress that nobody can explain at month-end.
A costing method chosen at implementation without thinking it through.
Inventory
Warehouses and locations
Multi-warehouse and multi-location stock, with routes and replenishment rules.
Traceability
Lots, serial numbers and expiry dates.
Perpetual valuation
Automated stock valuation posting to the ledger in real time.
Costing method
Choosing the right costing method: standard, average (AVCO) or FIFO.
Landed costs
Freight, duty and import charges, allocated to products.
Complex flows
Dropshipping, consignment and intercompany stock flows.
Manufacturing
Bills of materials
Multi-level bills of materials, kits and by-products.
Work centres and routings
Work centres and routings, with labour and overhead costing.
Shop floor
Work orders, scrap and quality checks.
Subcontracting
Subcontracted manufacturing.
WIP and variances
Work in progress and manufacturing variances reconciled at month-end.
Cost roll-ups
Product cost roll-ups you can trust for pricing decisions.
The difference
Built-in checks
We've developed our own controls for Odoo, such as automated checks that flag zero-cost products before they distort your margins. Your month-end close includes stock and WIP reconciliation as standard.
The CFO link
From costing to pricing
Accurate costs are only useful if they change decisions. Your Augur CFO uses them to review pricing, product range and customer profitability.