This software feature allows users to add the FIFO (first in, first out) cost method on the product form, enabling easier accounting and inventory management.
The trytond_product_cost_fifo is an exceptional module for those who are looking to add a FIFO cost method on the product form. Once installed, this feature allows automatic updates to the cost price of related products once their stock price changes. This applies both to transactions involving suppliers and customers.
The module operates on the FIFO cost method, which means that the first products added to the inventory are also the first ones that are sold, and their unit cost is used to calculate the profit margins. Thus, the trytond_product_cost_fifo enables cost-effective inventory management, providing you with an easy way to keep track of your profits and losses.
In conclusion, the trytond_product_cost_fifo comes as a handy asset to businesses and companies that require smooth and simple inventory management operations. It brings reliable and efficient results, along with timely updates to your cost price, thus improving your business profitability by enhancing your product cost effectiveness.
The module operates on the FIFO cost method, which means that the first products added to the inventory are also the first ones that are sold, and their unit cost is used to calculate the profit margins. Thus, the trytond_product_cost_fifo enables cost-effective inventory management, providing you with an easy way to keep track of your profits and losses.
In conclusion, the trytond_product_cost_fifo comes as a handy asset to businesses and companies that require smooth and simple inventory management operations. It brings reliable and efficient results, along with timely updates to your cost price, thus improving your business profitability by enhancing your product cost effectiveness.
What's New
Version 1.2.0: N/A