Managing inventory is not just about knowing how much stock you have. It is also about knowing the value of your stock at any point in time. This is where the Stock Inventory Valuation Report in Odoo becomes very important.
In this blog, I will explain in simple and easy language:
- What is a Stock Inventory Valuation Report
- Why is it important
- How to generate it in Odoo
- What powerful features can you use
- How does it help in proving your closing balance
Let’s start step by step.
What Is a Stock Inventory Valuation Report?
A Stock Inventory Valuation Report shows:
- Opening stock value
- Stock coming in (Purchases, Receipts)
- Stock going out (Sales, Deliveries)
- Adjustments
- Closing stock value
In simple words, it answers this important question:
“What is the exact value of my inventory on a specific date?”
This report is very important for:
- Accounting
- Audit
- GST and tax filing
- Financial statements
- Year-end closing
Why Inventory Valuation Is Important
Inventory is usually one of the biggest assets in a business. If valuation is wrong:
- The profit and Loss statement will be wrong
- The balance sheet will be incorrect
- Taxes may be calculated incorrectly
- Audit issues can arise
Odoo makes this process accurate and automatic.
Step-by-Step: How to Generate Stock Inventory Valuation Report in Odoo
Follow these simple steps:
Step 1: Go to the Inventory Module
Log in to Odoo and open the Inventory module.
Step 2: Open Reporting Section
Click on Reporting → Select Inventory Valuation or your custom Stock Inventory Valuation Report.
Step 3: Apply Filters
Now you can filter the report based on:
- Date Range
- Product
- Product Category
- Warehouse
- Location
This allows you to see the valuation exactly the way you want.
Step 4: Choose Report Type
You can switch between:
- Detailed View – Shows every product separately
- Summary View – Shows totals by product category
- Grand Total View – Shows only final totals
Step 5: Export or Print
You can generate the report in:
- On-Screen View
- PDF Format
- Excel (.xlsx) Format
Just one click, and your report is ready.
Key Features of Stock Inventory Valuation Report in Odoo
Let’s understand the powerful features that make this report very useful.
1. Proves the Closing Balance
One of the best features is that the report proves the closing balance clearly using this formula:
Opening + In - Out + Adjustments = Closing Balance
This means:
- Opening stock value
- Plus incoming stock value
- Minus outgoing stock value
- Plus/minus adjustments
- Equals the final closing value
This makes it very useful during audits and financial verification.
You can clearly see how the closing value was calculated.
2. Accurate Retroactive Valuation for Any Past Date
Odoo allows you to generate a valuation for any past date.
This is very helpful when:
- Auditor asks for the stock value as of last year
- You want a month-end valuation
- You need financial closing data
- You want to check the past stock position
It respects all costing methods, including:
- Standard Cost
- AVCO (Average Cost)
- FIFO (First In First Out)
So no matter which costing method your company uses, the valuation remains accurate.
3. Drill Down with Advanced Filters
You can drill down the report using:
- Date Range
- Specific Product
- Product Category
- Warehouse
- Location
For example:
- See the valuation of only one warehouse
- Check only raw materials
- Review stock of finished goods
- Analyze a single product
This flexibility helps managers make better decisions.
4. Switch Between Detailed, Summary, and Grand Total
Different users need different views.
Detailed View
- Shows every product separately
- Displays quantity and value
- Best for inventory managers
Summary View
- Groups by product category
- Shows category-wise totals
- Good for management overview
Grand Total View
- Shows only final totals
- Best for directors and finance heads
This makes the report suitable for all levels of management.
5. Multi-Format Output
You can generate the report in multiple formats:
On-Screen Interactive View
- Easy filtering
- Instant search
- Live data
Professional PDF Report
- Clean layout
- Audit-friendly format
- Ready for printing
- Can be shared with auditors
Excel Spreadsheet (.xlsx)
- Perfect for data analysis
- Can apply formulas
- Pivot tables possible
- Easy for the finance team
This flexibility saves time and avoids manual work.
6. Toggle Display Options for Better Control
Odoo gives you full control over what you want to see.
You can toggle:
- Zero Quantity items
- Internal Transfers
- Adjustments
- Signed quantities or Absolute quantities
Show or Hide Zero Quantity Items
Useful if you want to see:
- Only active products
- Or all products, including zero stock
Include or Exclude Internal Transfers
If you want valuation impact only from real movements, you can control this.
Show Adjustments
Very useful to monitor:
- Manual corrections
- Stock corrections
- Inventory discrepancies
Signed vs Absolute Quantities
You can choose:
- Signed quantities (positive and negative)
- Absolute quantities (always positive values)
This gives flexibility for different reporting needs.
Real Business Example
Let’s say you want the stock valuation as of 31 March for the financial closing.
You can:
- Select Date: 1 April to 31 March
- Choose the Grand Total view
- Export PDF
- Submit directly to the accounts team
If the auditor asks for details of one product, you can:
- Filter by product
- Switch to Detailed view
- Download Excel
Everything can be done in minutes.
Benefits for Different Departments
For Finance Team
- Accurate closing balance
- Easy audit support
- Past-date valuation
For Inventory Manager
- Product-level tracking
- Adjustment monitoring
- Warehouse-wise analysis
For Management
- Category summary
- Grand totals
- Clear valuation visibility
Why Businesses Prefer Odoo for Inventory Valuation
Odoo automates the entire process:
- No manual calculation
- No Excel dependency
- Real-time data
- Automatic costing logic
- Audit-ready reports
It reduces human error and increases financial accuracy.
Read More Blog: How Inventory Out of Stock Analysis Works in Odoo
Final Thoughts
The Stock Inventory Valuation Report in Odoo is not just a report—it is a powerful financial control tool that helps you prove the closing balance, track stock movements, generate accurate valuation for any past date, switch between detailed and summary views, export reports in PDF, Excel, or interactive on-screen formats, and control display options like zero quantity items and adjustments. By using this report properly, you can improve inventory accuracy, financial transparency, audit readiness, and overall business decision-making. If your business depends on inventory, this report is one of the most important tools in Odoo.
Contact Devintellecs to set up and customize Odoo inventory valuation reports for your business.
How to Generate Stock Inventory Valuation Reports in Odoo