Unlock Insights with Odoo Inventory Reports and Analysis

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Unlocking insights from your inventory data can be a game-changer for your business. With Odoo inventory reports, you can gain a deeper understanding of your stock levels, sales trends, and more.

Odoo inventory reports provide real-time visibility into your inventory levels, allowing you to make data-driven decisions. This is especially useful for identifying slow-moving or dead stock.

To get the most out of Odoo inventory reports, it's essential to analyze your data regularly. By doing so, you can identify areas for improvement and optimize your inventory management processes.

Related reading: Stock and Flow

Configuration

The configuration options for Odoo inventory reports are quite flexible, allowing you to tailor the view to your specific needs.

By default, the report displays several key columns, including Date, Reference, Product, Quantity, and Total Value. To sort the report by a different column, simply click on the column title.

You can also add additional fields to this view to gain more insight into the stock's valuation. To do this, click the (adjust) icon and select the desired fields.

Credit: youtube.com, EP-04 Inventory Reporting in Odoo 18 | Mastering Odoo Inventory & Manufacturing

Some of these fields, such as Lot/Serial Number, Company, and Unit Value, can be especially helpful for businesses that operate with multiple companies or need to track inventory by serial number.

Here are some of the additional fields you can add to the report:

  • Lot/Serial Number: the uniquely identifying lot or serial number for this product.
  • Company: for businesses that operate with multiple companies, this field displays the company by which this stock move took place.
  • Unit Value: the cost of one unit of the product for the company (not the price to consumers).

These fields can be especially helpful for FIFO and AVCO accounting, as they convey which units of stock came into a warehouse first and the value of said stock.

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Inventory Reports

You can access the stock report in Odoo Inventory by going to Inventory app ‣ Reporting ‣ Stock. This report provides a detailed list of all stored products, including those reserved, purchased, and in transit, as well as those delivered to customers.

The stock report is a valuable tool for getting a clear overview of your inventory. The inventory breakdown report can also be opened from the form, allowing you to filter by locations and all products.

Odoo doesn't provide all the inventory reports you might need, but there are Odoo apps available that can provide additional reports, such as the Real-Time Inventory Valuation Report, Stock Expiry Report, and Stock Aging Report for Unsold Products.

On a similar theme: Stock Transfer Order in Sap

Search Options

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One of the most useful features of inventory reports is the ability to filter search results. The Filters section allows users to search among pre-made and custom filters to find specific stock records.

You can display products published on the website, available through the Point of Sale app, or available in self order. To do this, simply tick the corresponding checkboxes in the Filters section.

The Filters section also allows you to display products that can be sold to customers, purchased from vendors, or rented to customers for a certain time. These options are available when the corresponding checkboxes are ticked on the product form.

Here's a list of some of the key filters available:

  • Published: display products published on the website.
  • Available in POS: display products available through the Point of Sale app.
  • Available in Self: display products available in self order.
  • Not available in Self: display products available in PoS, but not available in self order.
  • Can be Sold: display products that can be sold to customers.
  • Can be Purchased: display products that can be bought from vendors.
  • Can be Rented: show products that can be loaned to customers for a certain time.

You can also group search results by product type, product category, or point of sale product categories. To do this, click on the Group By section and select the desired option from the list.

Finally, you can save your current applied filters and groupbys by clicking the Save current search button. This will allow you to easily access the same information after closing the page.

On a similar theme: Is Inventory a Current Asset

Reports

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The Reports section in Odoo Inventory is a treasure trove of information, allowing you to track and analyze your inventory data with ease.

To access the stock report, go to Inventory app ‣ Reporting ‣ Stock. This report provides a detailed list of all stored products, including those reserved, purchased and in transit, as well as those delivered to customers.

You can search among pre-made and custom filters to find specific stock records. The Filters section offers various options, including displaying products published on the website, available in POS, and more.

Some of the filter options include: Published, Available in POS, Available in Self, Not available in Self, Can be Sold, Can be Purchased, Can be Recurring, Can be Rented, Can be Subcontracted, and Can be Expensed.

The Group By section allows you to add pre-made and custom groupings to the search results, including Product Type, Product Category, and POS Product Category.

A unique perspective: Cost of Goods Available for Sale

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To save the current applied filters and groupbys, click Save current search. You can also make the current view the default filter when opening the stock report by ticking the Default filter checkbox.

Here's a list of some of the pre-made filters available in the Filters section:

  • Published: display products published on the website.
  • Available in POS: display products available through the Point of Sale app.
  • Can be Sold: display products that can be sold to customers.
  • Can be Purchased: display products that can be bought from vendors.
  • Can be Recurring: show subscription products.
  • Can be Rented: show products that can be loaned to customers for a certain time.
  • Can be Subcontracted: display products that can be produced by a third-party manufacturer.
  • Can be Expensed: show items that can be expensed.

By using these filters and groupbys, you can quickly and easily find the information you need to make informed decisions about your inventory.

Valuation: Tracking Your Assets

Stock valuation layers (SVLs) are generated when products move in a way that impacts their stock valuation, such as warehouse receipts, deliveries, and dropshipping orders. These SVLs are crucial for accurate inventory valuation.

The Remaining Value and Remaining Quantity fields on the Inventory Valuation Report are derived from SVLs and reflect changes in stock levels. For example, if you purchase 100 sweaters at $5 each, the Remaining Value will drop from $500 to $450 when 10 sweaters are sold.

For another approach, see: Inventory Valuation in Odoo

Credit: youtube.com, Odoo Inventory Reports Tutorial | Complete Breakdown of Stock, Moves & Valuation

The Total Value on the Inventory Valuation Report remains the same, regardless of subsequent transactions. However, the Remaining Value and Remaining Quantity fields will continue to update as new stock moves are recorded.

Regularly reviewing the Inventory Valuation Report can help you avoid overstocking or overbuying inventory. This report reveals the worth of your inventory based on the price you pay for the items you sell and the price you charge for your products.

The report is especially useful for making financial decisions, such as deciding whether to buy another item or set of items, or figuring out which products are the most profitable. By tracking your inventory's value, you can ensure you're not wasting money on unused or underutilized inventory.

Intriguing read: Price Reporting Agency

Inventory Analysis

Inventory Analysis is a crucial aspect of managing your business, and Odoo's inventory reports make it a breeze. The Sales & Purchase Analysis Report helps you identify patterns in sales and purchases, allowing you to assess the effectiveness of your vendors and get a better understanding of your inventory.

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With this report, you can re-order products that are in high demand, and avoid overstocking by identifying slow-moving products. This can help you save money and reduce waste.

The Stock Level Report is another valuable tool that helps you avoid overstocking and stockouts. It provides you with information on the condition of your inventory, allowing you to match supply with demand and identify slow-moving products.

Here are some key benefits of using the Stock Level Report:

  • Match Supply with Demand: This report helps you determine the quantity of inventory you have in relation to the expected need, ensuring you don't risk experiencing stockouts.
  • Identify Slow-Moving Products: The report identifies items that take the longest time to move, allowing you to modify their appearance to encourage usage.

The Product Performance Report gives you a clear picture of which products are attracting attention and which ones aren't. It provides information on the current status of each product, including margins of profit and variation in sales.

By analyzing these reports, you can make informed decisions about your inventory, such as re-ordering products, identifying inefficiencies, and preventing stockouts.

Inventory Management

Knowing exactly what's happening to your inventory values is crucial for making informed decisions. This includes understanding the price of buying items and the most efficient timing to replenish your inventory.

Credit: youtube.com, Odoo Inventory Tutorial for Beginners: A Deep Dive into the Odoo Inventory Management System

Inventory reports can provide valuable insights into your stock levels and help you reduce losses and prevent shortages. A precise and transparent account of inventory information is essential for accurate decision-making.

The Odoo 18 inventory report offers a range of indicators to improve stock control efficiency. This includes the ability to view stock expiry reports, filter by warehouses, and include all products.

Filtering by warehouses allows you to get a detailed view of specific stock levels. You can also include all products to get a comprehensive picture of your inventory.

Stock rotation reports provide a detailed view of stock levels within specific warehouses. This can help you identify which products are moving quickly and which ones may be stuck in storage.

The stock moves report gives you an overview of your company's stock movement. This includes knowing the origin, destination, and arrival date of your products.

Here's an interesting read: Microstrategy Reports

Export and Tracking

Exporting inventory reports from Odoo is a straightforward process, especially when you've set up your inventory management correctly.

Credit: youtube.com, Inventory Reporting in Odoo 16 | Odoo 16 Functional Videos

To export a report, simply navigate to the "Inventory" menu, select "Reports", and then choose the type of report you want to export, such as the "Inventory Valuation Report".

Odoo allows you to export reports in various formats, including CSV, XLS, and PDF.

You can also track inventory movements by analyzing the "Inventory Movement Report", which provides a detailed breakdown of stock transactions.

The "Inventory Valuation Report" helps you identify discrepancies between your physical stock and the quantities recorded in Odoo, enabling you to take corrective action.

Exporting reports regularly ensures you have a record of your inventory movements and can easily identify trends or issues.

Kristin Ward

Writer

Kristin Ward is a versatile writer with a keen eye for detail and a passion for storytelling. With a background in research and analysis, she brings a unique perspective to her writing, making complex topics accessible to a wide range of readers. Kristin's writing portfolio showcases her ability to tackle a variety of subjects, from personal finance to lifestyle and beyond.

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