You Bought the Material. You Made the Product. Where Did the Cost Go?

Manufacturing costs don't simply move from raw materials to finished goods.

They pass through consumption, work orders, WIP, production, scrap, variances, and costing rules. When those transactions aren't handled correctly, the financial result can become difficult to explain.

This session follows that cost through Odoo from the shop floor to the financial statements.

We'll Examine

• What WIP represents
• When costs enter WIP
• When costs leave WIP
• Raw material consumption
• Finished production
• Component costing
• Work center costs
• Labor and operational costs
• Bills of Materials
• Expected vs. actual consumption
• Partial manufacturing orders
• Backorders
• Scrap
• Production variances
• Manufacturing orders that aren't properly closed
• How shop-floor activity reaches Finance

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