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We are currently using manual automatic inventory valuation and want to switch to automatic inventory valuation. The issue is that when we select the automate option, Odoo will post the journal entries and increase the inventory balances in the balance sheet. Can anyone guide me on how to switch from manual to automatic inventory valuation? 

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Best Answer

Hii,

To switch from manual to automatic inventory valuation in Odoo:

  1. Enable Developer Mode
    Go to Settings → Activate Developer Mode.
  2. Update Product Category
    Go to Inventory → Configuration → Product Categories
    • Set Inventory Valuation = Automated
    • Choose a Costing Method (e.g., FIFO, Average)
    • Set required accounts: Stock Valuation, Input, Output, and Stock Journal
  3. Adjust Inventory
    Create an Inventory Adjustment to reflect correct stock levels.
    This will generate accounting entries automatically.
  4. Verify
    Test with stock movements and check Accounting → Journal Entries.


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Autor

But problem is we have already have inventory with stock valuation amount?

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