Specific Identification Costing
by Viindoo
| Lines of Code | 1518 |
| Technical name | viin_stock_specific_identification |
| License | OPL-1 |
| Website | https://viindoo.com/apps/modules/17.0/viin_stock_specific_identification |
| Read description for | v 13.0 v 14.0 v 15.0 v 16.0 v 18.0 |
| Required Apps | Invoicing (account) Discuss (mail) Inventory (stock) |
| Extensions | Stock Internal Transit Valuation - Specific Identification Stock Specific Identification & Purchase Stock Specific Identification Costing & Landed Costs Stock Specific Identification & Manufacturing |
Specific Identification Costing
Add specific identification costing method to inventory valuation
Adds the Specific Identification method to stock valuation, allowing businesses to accurately value inventory by lot/serial, enhance traceability, and optimize stock management processes.
Key Features
Built natively on Odoo/Viindoo to streamline real business operations:
Adds Specific Identification method for stock valuation
- Enables users to select the Specific Identification costing method directly in the product category form.
- Note: This method requires high traceability, so products using this valuation method must be configured with lot or serial number tracking.
Supports automatic stock valuation with Specific Identification
Automatically records and manages inventory value by lot or serial, ensuring accuracy and transparency in cost management.
Designed for flexibility and scalability
- Developed with high scalability, this module can be easily integrated into other processes and modules to meet the evolving needs of businesses.
- You may also need: Specific Identification Costing & Landed Costs, Specific Identification Costing & Manufacturing, Specific Identification Costing & Purchase, Specific Identification Costing & Stock Internal Transit Valuation.
Benefits
The Specific Identification method allows businesses to determine the cost of goods based on detailed lot/serial information, ensuring transparency and accuracy in cost management.
Automates inventory valuation, saving time and resources for businesses.
By requiring lot/serial tracking configuration, businesses can easily monitor the transaction history of each product, improving quality control and issue resolution.
A perfect solution for industries such as pharmaceuticals, food and beverages, and high-precision manufacturing.
Product categories Viindoo
Inventory configuration
Product configuration
Assign a lot/serial number to a product
Outgoing receipt
Stock Valuation report
See Specific Identification Costing in Action
See how this module solves real business problems in a working Viindoo environment.
Need help with Specific Identification Costing?
For questions, implementation support, or consulting services, contact Viindoo.
Pre-Sales & Partnership
When contacting us, please include:
- Odoo/Viindoo version (CE/EE).
- Number of users and business scope.
- Other modules currently in use.
Technical Support
For faster troubleshooting, please provide:
- Order number or app reference.
- Odoo/Viindoo version & edition.
- Steps to reproduce the issue.
- Screenshots/logs if available.
Technical Requirement
Changes log
We continuously improve this module. Recent updates from the official Viindoo repository:
- 2025-02-12 Improved Add thumbnail and fix correct spelling.
- 2024-12-05 Improved Add video demo for manifest.
Works Great With These Modules
Extend Specific Identification Costing with complementary Viindoo apps:
Stock Internal Transit Valuation - Specific Identification
Extending Stock Internal Transit Valuation module to support specific identification valuation method
Module viin_stock_internal_transit_valuation_specific_identificationSpecific Identification Costing & Landed Costs
Allow the allocation of costs to inventory for products configured with automatic inventory valuation and specific identification costing.
Module viin_stock_specific_identification_landed_costsStock Specific Identification & Manufacturing
Allows the application of the Specific Identification Costing method for manufactured products, ensuring accurate valuation and effective traceability
Module viin_stock_specific_identification_mrpStock Specific Identification & Purchase Stock
Automatically adjust inventory valuation for products using the specific identification costing method when discrepancies arise compared to purchase invoice prices.
Module viin_stock_specific_identification_purchase_stockWho Should Use This Module?
Built for teams that need this capability fully integrated into their Odoo/Viindoo stack.
Warehouse managers and inventory accountants
Responsible for valuation, control, and reporting of stock by lot/serial.
Production managers and quality assurance staff
Manage products in production processes and ensure quality control with traceability when required.
Business owners and distributors
Optimize stock costs and ensure transparency in inventory valuation.
ERP implementation specialists and consulting firms
Assist businesses in setting up and running the Specific Identification valuation method effectively.
Regulatory and quality control authorities
Require businesses to maintain high traceability of goods to meet standards and compliance regulations.
Installation
- Navigate to Apps.
- Search with keyword viin_stock_specific_identification.
- Press Install.
Instructions
Instruction video: Stock Specific Identification
Initial settings
Configure Specific Identification costing method:
On the Accounting app, the costing method is configured on the product category.
Go to the Inventory app > Configuration > Product Categories, the Specific Identification option is available in the Costing Method field. Select this method, add the necessary information then press Save.
Configure product tracking by lots/serial number:
To manage inventory by specific identification costing method, you need to set up the product tracking by lots/serial number.
- On the Inventory app: Navigate to Inventory > Configuration > Settings > Traceability, enable the Lots & Serial Numbers option then click Save.
- On the product form: Go to Inventory > Products > Products and select the one that you need to configure. Press Edit and select tracking By Unique Serial Number or By Lots in the Inventory tab.
Usage
Receive products in the warehouse:
On the incoming receipt, add the corresponding lot/serial number of the product then validate the receipt. In this example: Receive 3 products by serial number, the unit price is 2.000.000 VND.
Deliver product:
On the outgoing receipt, add the exact lot/serial number of the product that you want to deliver then validate the receipt.
View Stock Valuation report:
Navigate to Inventory > Reporting > Stock Valuation to view the Stock Valuation report. From here, you can see the incoming and outgoing values of each lot/serial number in the previous step.
Note: On the Product Category, select the Automated inventory valuation to enable the automatic creation of journal entries whenever an inventory transfer is validated.
This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file).
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