diff --git a/addons/stock_landed_costs/stock_landed_costs.py b/addons/stock_landed_costs/stock_landed_costs.py
index 981ce6191c7..73e47e84aa9 100644
--- a/addons/stock_landed_costs/stock_landed_costs.py
+++ b/addons/stock_landed_costs/stock_landed_costs.py
@@ -49,6 +49,7 @@ class stock_landed_cost(osv.osv):
         'date': fields.datetime('Date', required=True),
         'picking_ids': fields.many2many('stock.picking', string='Pickings'),
         'cost_lines': fields.one2many('stock.landed.cost.lines', 'cost_id', 'Cost Lines'),
+        'valuation_adjustment_lines': fields.one2many('stock.valuation.adjustment.lines', 'cost_id', 'Valuation Adjustments'),
         'description': fields.text('Item Description'),
         'amount_total': fields.function(_total_amount, type='float', string='Total', digits_compute=dp.get_precision('Account'),
             store={
@@ -109,4 +110,19 @@ class stock_landed_cost_lines(osv.osv):
         'split_method': 'equal',
     }
 
+class stock_valuation_adjustment_lines(osv.osv):
+    _name = 'stock.valuation.adjustment.lines'
+    _description = 'Stock Valuation Adjustment Lines'
+
+    _columns = {
+        'name': fields.char('Description', size=256),
+        'cost_id': fields.many2one('stock.landed.cost', 'Landed Cost', required=True, ondelete='cascade'),
+        'product_id': fields.many2one('product.product', 'Product', required=True),
+        'quantity': fields.float('Quantity', digits_compute= dp.get_precision('Product Unit of Measure'), required=True),
+        'former_cost': fields.float('Former Cost', required=True, digits_compute= dp.get_precision('Product Price')),
+        'former_cost_per_unit': fields.float('Former Cost(Per Unit)', required=True, digits_compute= dp.get_precision('Product Price')),
+        'additional_landed_cost': fields.float('Additional Landed Cost', required=True, digits_compute= dp.get_precision('Product Price')),
+        'final_cost': fields.float('Final Cost', required=True, digits_compute= dp.get_precision('Product Price')),
+    }
+
 # vim:expandtab:smartindent:tabstop=4:softtabstop=4:shiftwidth=4:
diff --git a/addons/stock_landed_costs/stock_landed_costs_view.xml b/addons/stock_landed_costs/stock_landed_costs_view.xml
index 7426a4a233f..db26d329c43 100644
--- a/addons/stock_landed_costs/stock_landed_costs_view.xml
+++ b/addons/stock_landed_costs/stock_landed_costs_view.xml
@@ -11,7 +11,7 @@
                     <header>
                         <button name="button_validate" string="Validate" states="draft" class="oe_highlight" type="object"/>
                         <button name="button_cancel" string="Cancel" states="draft" type="object"/>
-                        <field name="state" widget="statusbar" statusbar_visible="draft,open" statusbar_colors='{"reject":"cancel"}'/>
+                        <field name="state" widget="statusbar" statusbar_visible="draft,open" statusbar_colors='{"cancel":"red"}'/>
                     </header>
                     <sheet>
                         <div class="oe_title">
@@ -66,6 +66,33 @@
                                     <field name="amount_total"/>
                                 </group>
                             </page>
+                            <page string="Valuation Adjustments">
+                                <field name="valuation_adjustment_lines">
+                                    <form string="Valuation Adjustments" version="7.0">
+                                        <group>
+                                            <group>
+                                                <field name="product_id"/>
+                                                <field name="quantity"/>
+                                            </group>
+                                            <group>
+                                                <field name="former_cost"/>
+                                                <field name="additional_landed_cost"/>
+                                                <field name="final_cost"/>
+                                            </group>
+                                        </group>
+                                    </form>
+                                    <tree string="Valuation Adjustments">
+                                        <field name="product_id"/>
+                                        <field name="quantity"/>
+                                        <field name="former_cost"/>
+                                        <field name="additional_landed_cost"/>
+                                        <field name="final_cost"/>
+                                    </tree>
+                                </field>
+                                <group class="oe_subtotal_footer oe_right">
+                                    <field name="amount_total"/>
+                                </group>
+                            </page>
                         </notebook>
                         <div class="oe_clear">
                             <label for="description"/>