Managing your stock effectively is crucial for any business. If you keep too much stock, it blocks your money and storage space. But if you don't have enough, you might miss out on sales.
A helpful tool to solve this problem is the Inventory Ageing Report. It shows how long items have been sitting in your warehouse.
With Odoo, you can easily create this report in PDF or Excel format. It's quick to generate and gives you helpful information.
In this blog, we'll explain what the inventory ageing report is, why it's useful, and how to use Odoo to create it and manage your stock better.
What is an Inventory Ageing Report?
The Inventory Ageing Report Odoo app enables the easy creation of stock ageing reports in Excel format. It shows how old your inventory is, along with its value, so you can easily track and manage slow-moving or expired items. You can filter the report by product or category, select the company, warehouse, and location, and specify the start date and period range to obtain a clear, customized view of your inventory status.
How to Use Odoo for Inventory Ageing Report PDF/Excel
Odoo provides a ready-to-use app for generating inventory ageing reports in both PDF and Excel formats. Here’s how you can make the most of it:
1. Open the Inventory Ageing Report Wizard
In Odoo, go to the module where the Inventory Ageing Report is available. This is typically part of the Inventory or Warehouse module, depending on how your system is configured.
Click on the option that says "Inventory Ageing Report" or something similar. This opens a wizard that lets you configure your report.
2. Apply Filters Based on Your Needs
You can customize the report using various filters. Common options include:
- Product or Product Category
- Choose to view ageing by specific items or entire product categories.
- Company
- If you manage multiple companies in Odoo, select the one you want to report on.
- Warehouse & Location
- Focus the report on a particular warehouse or internal stock location.
- Start Date
- Set the date from which the ageing calculation should begin.
- Period Length
- Define how many days each age period should cover (e.g., 30, 60, 90).
This flexibility lets you drill down into your inventory however you like.
3. Choose Output Format: PDF or Excel
Once the filters are set, choose whether to generate the report in PDF or Excel (XLS) format.
- PDF is great for printing or sharing a quick summary.
- Excel gives you more control, especially if you want to sort, filter, or manipulate the data further.
Click the "Generate" or "Print" button, and Odoo will create your report instantly.
What's Inside the Report?
The Inventory Ageing Report typically includes:
- Product Name
- Product Category
- Quantity in Stock
- Stock Value
- Stock Age Split (e.g., 0–30 days, 31–60 days, etc.)
- Total Inventory Value
- Average Cost and Sale Price
- Current Sale Price and Cost
This detailed breakdown makes it easy to understand what's moving, what's not, and what needs action.
Tips for Using the Report Effectively
- Review regularly – Run this report weekly or monthly to stay updated.
- Set alerts – For products older than a certain threshold, set rules to trigger alerts or promotions.
- Collaborate with teams – Share the report with warehouse, sales, and procurement teams for better planning.
- Act fast – Items that stay too long may lose value. Take action based on the insights from the report.
Final Thoughts
The Odoo Inventory Ageing Report, available in both PDF and Excel versions, is a powerful tool for more innovative inventory management. It provides you with total visibility into how long your products have been in stock, allowing you to reduce waste, optimise space, and make informed decisions.
Whether you manage a small warehouse or a large, multi-location setup, this report can help you take control of your inventory and improve overall operations.
If you're using Odoo, start generating ageing reports today and take the guesswork out of your stock management.
DevIntellecs offers custom Odoo apps and implementation services tailored to your inventory needs. Contact us today to learn more or explore the app on the Odoo App Store.
