Admin can select manufacturing process costing method as "Manually" or "Work-Center".

While the admin adds costing data manually, direct material costs are automatically derived from the Bill of Material.

Admin can manually add Direct Material Cost.

Admin can manually add Direct Labour Cost.

Admin can manually add overhead costs directly to the bill of materials.

The admin can see the complete cost in a separate tab.

Create orders from BOM to auto-fill costs, with an option for manual adjustments.

Direct Material Cost in Manufacturing Order Creation.

Direct Labour Cost in Manufacturing Order Creation

Direct Overhead Cost in Manufacturing Order Creation

Total Cost Breakdown in Manufacturing Order Creation

Generate work orders that automatically include all direct costs by clicking 'Create Work Orders'.

Manufacturing order completed with Direct Material Cost, Direct Labour Cost, and Direct Overhead Cost.

According to the work order details and duration, the system will calculate the actual cost of the manufacturing order.

Direct Material Cost and other information properly documented in the
Manufacturing order PDF

Direct Labour Costs and overhead costs are properly documented in the
Manufacturing order PDF

Admin sets costs per hour in work centers to auto-update BoM with actual costing.

Creation of BoM - Process 2: Work Center

All Direct Material, Labor, and Overhead Costs auto-fill from the selected work center.

Creation of new manufacturing orders by automatic work center process

Total cost breakdown in the manufacturing order

The work order was completed successfully

Total number of items consumed in the work order. Admin can change the number of components.

After admin clicks produce all, the system will ask for confirmation for the change in quantity

After admin changes the material quantity, the Direct Material Cost changes

Total actual cost of the manufacturing order based on accurate material cost and other costs

Odoo Process Costing in Manufacturing

$65.00

(5 Ratings)

Optimize your manufacturing costs by tracking and allocating material costs, labor costs, and overhead costs across production and manufacturing orders. This suite combines the strength of two powerful apps: one focusing on MRP process costing based on work centers and the other providing full visibility of costs at both the estimated and real-time levels.

Designed for manufacturers seeking precise control over their production expenses, these apps enhance productivity by clearly comparing estimated and actual costs, driving informed decision-making and operational efficiency.

WATCH DEMO VIDEO

Return policy

10-day module exchange guarantee

Odoo Process Costing in Manufacturing

Key Features:

Integrated Cost Management:- Add and manage direct material, labor, and overhead costs both on Bills of Material (BOM) and Production Orders, providing a complete overview of total process costs.
Comprehensive Costing for Manufacturing:- Display total costs for materials, labor, and overheads on BOM and Manufacturing Orders, offering transparency and ease of analysis for manufacturing operations.
Flexible Costing Methods:- Choose between automated and manual costing. Use manual entries for detailed customization, or leverage automated calculations driven by work center rates for real-time cost assessment based on consumed hours.
Dynamic Real-Time Costing:- Automatically transfer or calculate material, labor, and overhead costs in real-time as work orders progress, ensuring precise and up-to-date financial tracking for enhanced strategic planning.
Detailed Costing Reports:- Print comprehensive process costing reports from BOM and Manufacturing Order views, allowing for thorough analysis and insights into manufacturing costs at every stage.
Comparative Cost Analysis:- Compare estimated costs with real-time costs to identify variances and inform better production strategies, improving overall operational efficiency.