Vendor Pricelist Based On Recent Purchase Cost

The Auto-Update Vendor Pricelist on Receipt module enhances Odoo’s purchasing functionality by ensuring that vendor pricelists stay synchronized with actual received costs. This module eliminates the need for manual updates and reduces discrepancies between what was paid and what is recorded as the vendor’s cost.

Key Features:

• Real-Time Cost Sync
  When a Purchase Order is received, the system automatically compares the received price against the current vendor pricelist. If there’s a mismatch, the pricelist is instantly updated with the new cost.
• Smart Cost Management
  Keeps historical pricing in sync with the latest transaction data, improving forecasting, margin calculations, and procurement planning.
• Purchase-Driven Automation
  Works seamlessly in the background during the standard receipt workflow—no need for manual intervention or additional approvals.

How It Works:

1. Create and confirm a Purchase Order.
2. Receive the product(s) with the actual purchase price.
3. System checks if the received unit price differs from the price listed in the Vendor Pricelist.
4. If different, the vendor’s cost is automatically updated for that product.
5. The updated cost will be used in subsequent POs, ensuring consistent and accurate pricing.