The Back Date Inventory Adjustment feature introduces the ability to perform inventory corrections as of a past date by exposing and enabling the "Incoming Date" (effective date) field on the Inventory Adjustment form in Odoo.
When users perform an inventory adjustment and input a past datetime in the Incoming Date field, the system:
- Calculates the quantity difference between the counted and current on-hand quantities.
- Posts the inventory adjustment using the specified backdate.
- Updates stock valuation and stock move records accordingly, so reporting and valuation reflect historical accuracy.
This is particularly useful for accounting and warehouse teams that need to correct inventory counts based on physical counts performed in the past, or to comply with backdated transactions for regulatory or audit purposes.
Key Features:
- Enables entry of effective backdate for inventory adjustments.
- Reflects adjusted quantities in stock valuation and history with correct timestamps.
- Maintains audit trail of when and by whom the adjustment was entered.
- Supports both product and location-level inventory corrections.
Example Use Case:
A warehouse supervisor conducts a physical inventory count on Friday but only gets time to enter the results on Monday. With this feature, the supervisor can input Friday’s date in the "Incoming Date" field, ensuring that the inventory and valuation changes reflect the actual date of count, not the entry date.
Conclusion:
The Back Date Inventory Adjustment feature provides essential control and accuracy for inventory and accounting operations. By allowing adjustments to be recorded retroactively, it ensures data integrity, enhances compliance, and improves the reliability of inventory reports and valuation records.
Back Date Inventory Adjustment