diff --git a/addons/stock_landed_costs/stock_landed_costs.py b/addons/stock_landed_costs/stock_landed_costs.py
index 9c6bb299dcd..afe3a21ee81 100644
--- a/addons/stock_landed_costs/stock_landed_costs.py
+++ b/addons/stock_landed_costs/stock_landed_costs.py
@@ -181,6 +181,10 @@ class stock_landed_cost(osv.osv):
             self.write(cr, uid, cost.id, {'state': 'done', 'account_move_id': move_id}, context=context)
         return True
 
+    def button_cancel(self, cr, uid, ids, context=None):
+        self.write(cr, uid, ids, {'state': 'cancel'}, context=context)
+        return True
+
     def compute_landed_cost(self, cr, uid, ids, context=None):
         line_obj = self.pool.get('stock.valuation.adjustment.lines')
         for cost in self.browse(cr, uid, ids, context=None):
diff --git a/addons/stock_landed_costs/stock_landed_costs_view.xml b/addons/stock_landed_costs/stock_landed_costs_view.xml
index ac85159d016..c53a54b0648 100644
--- a/addons/stock_landed_costs/stock_landed_costs_view.xml
+++ b/addons/stock_landed_costs/stock_landed_costs_view.xml
@@ -10,6 +10,7 @@
                 <form string="Landed Costs" version="7.0">
                     <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,done"/>
                     </header>
                     <sheet>