US Purchase Price Var
Track purchase price variance (PPV): standard vs actual PO price per product, vendor and period with journal proposals and alerts
Want US Purchase Price Var installed and configured for you? Onboarding Pack: $350 one-off
Support plans from $425 a month
US Purchase Price Var
Track purchase price variance (PPV): standard vs actual PO price per product, vendor and period with journal proposals and alerts
Track purchase price variance (PPV): standard vs actual PO price per product, vendor and period with journal proposals and alerts
Key Features
Automatic variance capture
Automatic variance capture — every confirmed purchase order line is snapshotted against the product's standard cost, storing the standard price, actual price, quantity and the resulting unit and extended variance.
Favorable / unfavorable classification
Favorable / unfavorable classification — each variance is signed and labelled so buyers immediately see whether they beat or missed standard, with the variance percentage against standard cost.
Tolerance policies
Tolerance policies — define percentage and absolute-dollar tolerance bands (global or per product category); any buy that breaches the band is marked out-of-tolerance and raises an activity for the responsible buyer.
Accounting periods
Accounting periods — group variances into open/closed PPV periods, lock a period once reviewed, and prevent new postings against a closed period.
PPV journal proposal
PPV journal proposal — generate a balanced draft journal entry that debits or credits the price-variance account per period, ready for the controller to review and post; the actual accounting posting stays under your control.
Variance dashboard & drill-down
Variance dashboard & drill-down — pivot and graph views by vendor, product, category and period, drilling from a headline number straight to the originating purchase lines.
Recompute & backfill wizard
Recompute & backfill wizard — (re)build variances for any date range and vendor selection so you can adopt the tracker on historical purchase data.
Out-of-tolerance alerting
Out-of-tolerance alerting — a daily scheduled action re-scans open variances, escalates breaches, and notifies the buyer and PPV manager.
Vendor variance scorecard
Vendor variance scorecard — running favorable / unfavorable totals per vendor to support supplier negotiations and price reviews.
Full audit trail
Full audit trail — variances and periods are mail-thread enabled, so every reclassification, tolerance breach and period lock is logged in the chatter.
Screenshots
Why Choose This Module
This application makes purchase price variance a first-class, auditable object. Every confirmed purchase line is measured against the product's standard cost, the favorable or unfavorable variance is computed per unit and in total, out-of-tolerance buys are flagged the moment they are confirmed, and finance gets a ready-to-review PPV journal proposal instead of a manual reconciliation.
Specifications
- Compatible: Odoo 18.0 / 19.0 / 20.0
- License: OPL-1
- Languages: English
- Author: Pokutsoft
- Dependencies: base, mail, purchase, account
- Support: support@pokutsoft.com
Update date: 2026-07-05
User guides (PDF)
Related modules
US Purchase Approval Matrix
US delegation-of-authority routing for purchase orders with segregation-of-duties guardrails and mobile approve.
US Supplier ESG +
Send supplier ESG & 3TG conflict-minerals questionnaires, score responses and build Dodd-Frank Form SD / CMR data.
Lighting Fixture Schedule
Lighting fixture type schedule and room quantities with alternates approval, purchase orders, delivery and installation status and lead time warnings