Stock Valuation Software That Ensures Financial Accuracy
Know the true value of your inventory at every moment with Odoo stock valuation that tracks inventory worth using FIFO, LIFO, or average cost methods with automatic calculations updating in real-time as products move and costs change.
Features
Inventory Valuation Methods
Update inventory values in real-time as products are received at various costs, sold, or moved between locations, ensuring your balance sheet always reflects accurate inventory investment without waiting for month-end calculations.
Manufacturing Cost Valuation
Track the cost of goods manufactured by accumulating raw material costs, direct labour expenses, and manufacturing overhead allocated to production orders with automatic calculation of finished product unit costs.
Purchase Cost Integration
Capture complete product cost, including purchase price, freight charges, customs duties, insurance, and handling fees, with landed cost allocation that updates inventory valuation to reflect total investment per unit.
Maintenance Asset Valuation
Value spare parts inventory for maintenance using appropriate costing methods, track tool and equipment values with depreciation over time, and allocate maintenance costs to assets being serviced for accurate total cost of ownership
Ensure Accurate Inventory Valuation Today
Stop guessing at inventory values and start reporting with confidence using systems designed for accurate, compliant inventory accounting.
What can you do with Odoo
Powerful Odoo ERP Features That Drive Business Growth
Odoo's all-in-one platform eliminates data silos and connects every department. Run your entire business from one integrated system with real-time visibility and intelligent automation
Inventory Management
Track inventory in real-time with automated reordering, barcode scanning, and lot/serial number traceability. Manage multiple warehouses, handle consignment inventory, and optimise stock levels using AI-powered demand forecasting.
Financial Management
Streamline accounts payable, accounts receivable, bank reconciliation, and financial reporting. Generate IFRS-compliant reports instantly, manage multi-currency operations, track budgets by department or project, and ensure FIRS tax compliance.
Procurement Management
Automate purchase requisitions, requests for quotations, and vendor selection. Compare supplier pricing through tender management, track delivery performance, and manage purchase agreements.
HR & Payroll
Handle recruitment, onboarding, attendance, leave management, and payroll processing from one system. Ensure PAYE compliance with Nigerian tax regulations, contributions, integrate with biometrics, and provide employee self-service portals.
Odoo By Industries
We understand that every sector has unique requirements. Our industry-specific Odoo implementations address your particular challenges with pre-configured workflows and best practices.
Manufacturing
Manage bills of materials, production planning, quality control, and shop floor operations. Our Odoo MRP solution for Nigerian manufacturers includes work order management, capacity planning, and full traceability. Reduce production costs by 25% and improve on-time delivery to 98%.
Finance & Professional Services
Track projects, time sheets, and profitability per client. Automate billing, expense management, and financial reporting. Our Odoo implementation for financial services includes regulatory compliance, multi-entity consolidation, and advanced analytics.
Retail & Distribution
Integrate your POS, e-commerce, warehouse, and accounting in one platform. Manage multiple stores, franchises, or distribution centres with centralised control and local autonomy. Our retail-focused Odoo solution features loyalty programs, promotions, and omnichannel fulfilment capabilities.
"Data2Bots transformed our chaotic operations into a well-oiled machine. The Odoo implementation was smooth, and we saw ROI within 4 months. Their team understood our business challenges and configured the system perfectly."
Joey Winters
Talent acquisition manager Goldman Sachs
"Data2Bots transformed our chaotic operations into a well-oiled machine. The Odoo implementation was smooth, and we saw ROI within 4 months. Their team understood our business challenges and configured the system perfectly."
Amanda Lee
Operations Manager, WaveBank
"Data2Bots transformed our chaotic operations into a well-oiled machine. The Odoo implementation was smooth, and we saw ROI within 4 months. Their team understood our business challenges and configured the system perfectly."
Samuel Carter
CEO, NexaCore Tech
"Data2Bots transformed our chaotic operations into a well-oiled machine. The Odoo implementation was smooth, and we saw ROI within 4 months. Their team understood our business challenges and configured the system perfectly."
Samuel Carter
CEO, NexaCore Tech
Ready for Accurate Stock Valuation?
Schedule a demo where we'll show you Odoo stock valuation configured for your preferred costing method, product types, and financial reporting requirements, so you see exactly how it maintains accurate inventory values automatically.