Please review:

Hi,

Anglo-Saxon accounting is a method where the cost of goods sold (COGS) is recognized when products are sold or delivered, rather than when they are received into stock. This approach aligns with accrual accounting principles and is particularly useful for businesses that manage inventory and sales separately.

Reference:-

* https://www.odoo.com/documentation/19.0/applications/inventory_and_mrp/inventory/product_management/inventory_valuation/inventory_valuation_config.html

* https://www.odoo.com/sl_SI/forum/pomoc-1/anglo-saxon-accounting-in-v19-286518

In Odoo 19, accounting entries at stock receipt are only created for stockable products with real-time (automated) valuation. Products with manual or periodic valuation generate entries only when the vendor bill is recorded.

To post entries at receipt, ensure the product is stockable, uses real-time valuation, has a cost method set, and the stock journals are configured. Validating the incoming shipment will then automatically create the accounting entries, even before the vendor bill. Consumables and services do not trigger stock accounting.

Hope it helps

Hello Mahmood,

Here's how to handle Anglo-Saxon accounting and stock receipt entries in Odoo 19:

  Anglo-Saxon Accounting: Odoo 17 and later versions have integrated Anglo-Saxon accounting principles directly into the standard inventory valuation. There isn't a separate "Anglo-Saxon Accounting" option to enable.

  Configuration: Ensure your product categories are correctly set up with the appropriate costing method (e.g., FIFO, Average Cost) and inventory valuation (Automated).

  Stock Receipt Entries: By default, Odoo generates accounting entries upon vendor bill validation, not at the time of stock receipt. This is standard behavior.

  To record stock at receipt: You would need to customize Odoo. This typically involves creating an automated action or server action that triggers journal entries upon validating a receipt. This is an advanced customization.

  Alternative: Consider using Odoo's landed costs feature to allocate additional costs (like freight) to your inventory value upon bill validation, providing a more accurate inventory valuation.

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