diff --git a/addons/stock_account/__manifest__.py b/addons/stock_account/__manifest__.py
index 2662210d0c1..62873c1c87c 100644
--- a/addons/stock_account/__manifest__.py
+++ b/addons/stock_account/__manifest__.py
@@ -32,6 +32,7 @@ Dashboard / Reports for Warehouse Management includes:
         'views/product_views.xml',
         'views/stock_quant_views.xml',
         'views/stock_valuation_layer_views.xml',
+        'wizard/stock_valuation_layer_revaluation_views.xml'
     ],
     'test': [
     ],
diff --git a/addons/stock_account/models/product.py b/addons/stock_account/models/product.py
index 48f59d5f836..bea0dfacd87 100644
--- a/addons/stock_account/models/product.py
+++ b/addons/stock_account/models/product.py
@@ -97,6 +97,7 @@ class ProductProduct(models.Model):
     quantity_svl = fields.Float(compute='_compute_value_svl')
     stock_valuation_layer_ids = fields.One2many('stock.valuation.layer', 'product_id')
     valuation = fields.Selection(related="categ_id.property_valuation", readonly=True)
+    cost_method = fields.Selection(related="categ_id.property_cost_method", readonly=True)
 
     def write(self, vals):
         if 'standard_price' in vals and not self.env.context.get('disable_auto_svl'):
@@ -126,6 +127,22 @@ class ProductProduct(models.Model):
         remaining.value_svl = 0
         remaining.quantity_svl = 0
 
+    # -------------------------------------------------------------------------
+    # Actions
+    # -------------------------------------------------------------------------
+    def action_revaluation(self):
+        self.ensure_one()
+        ctx = dict(self._context, default_product_id=self.id, default_company_id=self.env.company.id)
+        return {
+            'name': _("Product Revaluation"),
+            'view_mode': 'form',
+            'res_model': 'stock.valuation.layer.revaluation',
+            'view_id': self.env.ref('stock_account.stock_valuation_layer_revaluation_form_view').id,
+            'type': 'ir.actions.act_window',
+            'context': ctx,
+            'target': 'new'
+        }
+
     # -------------------------------------------------------------------------
     # SVL creation helpers
     # -------------------------------------------------------------------------
diff --git a/addons/stock_account/security/ir.model.access.csv b/addons/stock_account/security/ir.model.access.csv
index bd56cc16f9a..f1c43927394 100644
--- a/addons/stock_account/security/ir.model.access.csv
+++ b/addons/stock_account/security/ir.model.access.csv
@@ -6,3 +6,4 @@ access_stock_picking_invoicing_payments,stock.picking,stock.model_stock_picking,
 access_stock_move_invoicing_payments_readonly,stock.move,model_stock_move,account.group_account_readonly,1,0,0,0
 access_stock_move_invoicing_payments,stock.move,model_stock_move,account.group_account_invoice,1,1,1,0
 access_stock_valuation_layer,access_stock_valuation_layer,model_stock_valuation_layer,stock.group_stock_manager,1,1,1,0
+access_stock_valuation_layer_revaluation,access_stock_valuation_layer_revaluation,model_stock_valuation_layer_revaluation,stock.group_stock_manager,1,1,1,0
\ No newline at end of file
diff --git a/addons/stock_account/tests/__init__.py b/addons/stock_account/tests/__init__.py
index 78353eecb83..fe72444ecfd 100644
--- a/addons/stock_account/tests/__init__.py
+++ b/addons/stock_account/tests/__init__.py
@@ -1,3 +1,4 @@
 from . import test_anglo_saxon_valuation_reconciliation_common
 from . import test_stockvaluation
 from . import test_stockvaluationlayer
+from . import test_stock_valuation_layer_revaluation
diff --git a/addons/stock_account/tests/test_stock_valuation_layer_revaluation.py b/addons/stock_account/tests/test_stock_valuation_layer_revaluation.py
new file mode 100644
index 00000000000..d84f865229a
--- /dev/null
+++ b/addons/stock_account/tests/test_stock_valuation_layer_revaluation.py
@@ -0,0 +1,173 @@
+# -*- coding: utf-8 -*-
+# Part of Odoo. See LICENSE file for full copyright and licensing details.
+
+from odoo.exceptions import UserError
+from odoo.tests import Form
+from odoo.addons.stock_account.tests.test_stockvaluation import _create_accounting_data
+from odoo.addons.stock_account.tests.test_stockvaluationlayer import TestStockValuationCommon
+
+
+class TestStockValuationLayerRevaluation(TestStockValuationCommon):
+    @classmethod
+    def setUpClass(cls):
+        super(TestStockValuationLayerRevaluation, cls).setUpClass()
+        cls.stock_input_account, cls.stock_output_account, cls.stock_valuation_account, cls.expense_account, cls.stock_journal = _create_accounting_data(cls.env)
+        cls.product1.write({
+            'property_account_expense_id': cls.expense_account.id,
+        })
+        cls.product1.categ_id.write({
+            'property_stock_account_input_categ_id': cls.stock_input_account.id,
+            'property_stock_account_output_categ_id': cls.stock_output_account.id,
+            'property_stock_valuation_account_id': cls.stock_valuation_account.id,
+            'property_stock_journal': cls.stock_journal.id,
+        })
+
+        cls.product1.categ_id.property_valuation = 'real_time'
+
+    def test_stock_valuation_layer_revaluation_avco(self):
+        self.product1.categ_id.property_cost_method = 'average'
+        context = {
+            'default_product_id': self.product1.id,
+            'default_company_id': self.env.company.id,
+            'default_added_value': 0.0
+        }
+        # Quantity of product1 is zero, raise
+        with self.assertRaises(UserError):
+            Form(self.env['stock.valuation.layer.revaluation'].with_context(context)).save()
+
+        self._make_in_move(self.product1, 10, unit_cost=2)
+        self._make_in_move(self.product1, 10, unit_cost=4)
+
+        self.assertEqual(self.product1.standard_price, 3)
+        self.assertEqual(self.product1.quantity_svl, 20)
+
+        old_layers = self.env['stock.valuation.layer'].search([('product_id', '=', self.product1.id)], order="create_date desc, id desc")
+
+        self.assertEqual(len(old_layers), 2)
+        self.assertEqual(old_layers[0].remaining_value, 40)
+
+        revaluation_wizard = Form(self.env['stock.valuation.layer.revaluation'].with_context(context))
+        revaluation_wizard.added_value = 20
+        revaluation_wizard.account_id = self.stock_valuation_account
+        revaluation_wizard.save().action_validate_revaluation()
+
+        # Check standard price change
+        self.assertEqual(self.product1.standard_price, 4)
+        self.assertEqual(self.product1.quantity_svl, 20)
+
+        # Check the creation of stock.valuation.layer
+        new_layer = self.env['stock.valuation.layer'].search([('product_id', '=', self.product1.id)], order="create_date desc, id desc", limit=1)
+        self.assertEqual(new_layer.value, 20)
+
+        # Check the remaing value of current layers
+        self.assertEqual(old_layers[0].remaining_value, 50)
+        self.assertEqual(sum(slv.remaining_value for slv in old_layers), 80)
+
+        # Check account move
+        self.assertTrue(bool(new_layer.account_move_id))
+        self.assertEqual(len(new_layer.account_move_id.line_ids), 2)
+
+        self.assertEqual(sum(new_layer.account_move_id.line_ids.mapped("debit")), 20)
+        self.assertEqual(sum(new_layer.account_move_id.line_ids.mapped("credit")), 20)
+
+        credit_lines = [l for l in new_layer.account_move_id.line_ids if l.credit > 0]
+        self.assertEqual(len(credit_lines), 1)
+        self.assertEqual(credit_lines[0].account_id.id, self.stock_valuation_account.id)
+
+    def test_stock_valuation_layer_revaluation_avco_rounding(self):
+        self.product1.categ_id.property_cost_method = 'average'
+        context = {
+            'default_product_id': self.product1.id,
+            'default_company_id': self.env.company.id,
+            'default_added_value': 0.0
+        }
+        # Quantity of product1 is zero, raise
+        with self.assertRaises(UserError):
+            Form(self.env['stock.valuation.layer.revaluation'].with_context(context)).save()
+
+        self._make_in_move(self.product1, 1, unit_cost=1)
+        self._make_in_move(self.product1, 1, unit_cost=1)
+        self._make_in_move(self.product1, 1, unit_cost=1)
+
+        self.assertEqual(self.product1.standard_price, 1)
+        self.assertEqual(self.product1.quantity_svl, 3)
+
+        old_layers = self.env['stock.valuation.layer'].search([('product_id', '=', self.product1.id)], order="create_date desc, id desc")
+
+        self.assertEqual(len(old_layers), 3)
+        self.assertEqual(old_layers[0].remaining_value, 1)
+
+        revaluation_wizard = Form(self.env['stock.valuation.layer.revaluation'].with_context(context))
+        revaluation_wizard.added_value = 1
+        revaluation_wizard.account_id = self.stock_valuation_account
+        revaluation_wizard.save().action_validate_revaluation()
+
+        # Check standard price change
+        self.assertEqual(self.product1.standard_price, 1.33)
+        self.assertEqual(self.product1.quantity_svl, 3)
+
+        # Check the creation of stock.valuation.layer
+        new_layer = self.env['stock.valuation.layer'].search([('product_id', '=', self.product1.id)], order="create_date desc, id desc", limit=1)
+        self.assertEqual(new_layer.value, 1)
+
+        # Check the remaing value of current layers
+        self.assertEqual(sum(slv.remaining_value for slv in old_layers), 4)
+        self.assertTrue(1.34 in old_layers.mapped("remaining_value"))
+
+        # Check account move
+        self.assertTrue(bool(new_layer.account_move_id))
+        self.assertEqual(len(new_layer.account_move_id.line_ids), 2)
+
+        self.assertEqual(sum(new_layer.account_move_id.line_ids.mapped("debit")), 1)
+        self.assertEqual(sum(new_layer.account_move_id.line_ids.mapped("credit")), 1)
+
+        credit_lines = [l for l in new_layer.account_move_id.line_ids if l.credit > 0]
+        self.assertEqual(len(credit_lines), 1)
+        self.assertEqual(credit_lines[0].account_id.id, self.stock_valuation_account.id)
+
+    def test_stock_valuation_layer_revaluation_fifo(self):
+        self.product1.categ_id.property_cost_method = 'fifo'
+        context = {
+            'default_product_id': self.product1.id,
+            'default_company_id': self.env.company.id,
+            'default_added_value': 0.0
+        }
+        # Quantity of product1 is zero, raise
+        with self.assertRaises(UserError):
+            Form(self.env['stock.valuation.layer.revaluation'].with_context(context)).save()
+
+        self._make_in_move(self.product1, 10, unit_cost=2)
+        self._make_in_move(self.product1, 10, unit_cost=4)
+
+        self.assertEqual(self.product1.standard_price, 2)
+        self.assertEqual(self.product1.quantity_svl, 20)
+
+        old_layers = self.env['stock.valuation.layer'].search([('product_id', '=', self.product1.id)], order="create_date desc, id desc")
+
+        self.assertEqual(len(old_layers), 2)
+        self.assertEqual(old_layers[0].remaining_value, 40)
+
+        revaluation_wizard = Form(self.env['stock.valuation.layer.revaluation'].with_context(context))
+        revaluation_wizard.added_value = 20
+        revaluation_wizard.account_id = self.stock_valuation_account
+        revaluation_wizard.save().action_validate_revaluation()
+
+        self.assertEqual(self.product1.standard_price, 2)
+
+        # Check the creation of stock.valuation.layer
+        new_layer = self.env['stock.valuation.layer'].search([('product_id', '=', self.product1.id)], order="create_date desc, id desc", limit=1)
+        self.assertEqual(new_layer.value, 20)
+
+        # Check the remaing value of current layers
+        self.assertEqual(old_layers[0].remaining_value, 50)
+        self.assertEqual(sum(slv.remaining_value for slv in old_layers), 80)
+
+        # Check account move
+        self.assertTrue(bool(new_layer.account_move_id))
+        self.assertTrue(len(new_layer.account_move_id.line_ids), 2)
+
+        self.assertEqual(sum(new_layer.account_move_id.line_ids.mapped("debit")), 20)
+        self.assertEqual(sum(new_layer.account_move_id.line_ids.mapped("credit")), 20)
+
+        credit_lines = [l for l in new_layer.account_move_id.line_ids if l.credit > 0]
+        self.assertEqual(len(credit_lines), 1)
diff --git a/addons/stock_account/views/stock_valuation_layer_views.xml b/addons/stock_account/views/stock_valuation_layer_views.xml
index a89aac82267..fc76a676907 100644
--- a/addons/stock_account/views/stock_valuation_layer_views.xml
+++ b/addons/stock_account/views/stock_valuation_layer_views.xml
@@ -50,6 +50,11 @@
                 <field name="currency_id" invisible="1" />
                 <field name="value" />
                 <field name="company_id" groups="base.group_multi_company" />
+                <groupby name="product_id">
+                    <field name="cost_method" invisible="1"/>
+                    <field name="quantity_svl" invisible="1"/>
+                    <button name="action_revaluation" icon="fa-plus" title="Add Manual Valuation" type="object" attrs="{'invisible':['|', ('cost_method', '=', 'standard'), ('quantity_svl', '&lt;=', 0)]}" />
+                </groupby>
             </tree>
         </field>
     </record>
diff --git a/addons/stock_account/wizard/__init__.py b/addons/stock_account/wizard/__init__.py
index 31822ebf05e..b920576a240 100644
--- a/addons/stock_account/wizard/__init__.py
+++ b/addons/stock_account/wizard/__init__.py
@@ -3,3 +3,4 @@
 
 from . import stock_quantity_history
 from . import stock_picking_return
+from . import stock_valuation_layer_revaluation
diff --git a/addons/stock_account/wizard/stock_valuation_layer_revaluation.py b/addons/stock_account/wizard/stock_valuation_layer_revaluation.py
new file mode 100644
index 00000000000..49d693b728a
--- /dev/null
+++ b/addons/stock_account/wizard/stock_valuation_layer_revaluation.py
@@ -0,0 +1,144 @@
+# -*- coding: utf-8 -*-
+# Part of Odoo. See LICENSE file for full copyright and licensing details.
+
+from odoo import _, api, fields, models
+from odoo.exceptions import UserError
+from odoo.tools import float_is_zero
+
+
+class StockValuationLayerRevaluation(models.TransientModel):
+    _name = 'stock.valuation.layer.revaluation'
+    _description = "Wizard model to reavaluate a stock inventory for a product"
+    _check_company_auto = True
+
+    @api.model
+    def default_get(self, default_fields):
+        res = super().default_get(default_fields)
+        if res.get('product_id'):
+            product = self.env['product.product'].browse(res['product_id'])
+            accounts = product.product_tmpl_id.get_product_accounts()
+            if product.categ_id.property_cost_method == 'standard':
+                raise UserError(_("You cannot revalue a product with a standard cost method."))
+            if product.quantity_svl <= 0:
+                raise UserError(_("You cannot revalue a product with an empty or negative stock."))
+            if 'account_journal_id' not in res and 'account_journal_id' in default_fields:
+                res['account_journal_id'] = accounts['stock_journal'].id
+        return res
+
+    company_id = fields.Many2one('res.company', "Company", readonly=True, required=True)
+    currency_id = fields.Many2one('res.currency', "Currency", related='company_id.currency_id', required=True)
+
+    product_id = fields.Many2one('product.product', "Related product", required=True, check_company=True)
+    property_valuation = fields.Selection(related='product_id.categ_id.property_valuation')
+    product_uom_name = fields.Char("Unit of Measure", related='product_id.uom_id.name')
+    current_value_svl = fields.Float("Current Value", related="product_id.value_svl")
+    current_quantity_svl = fields.Float("Current Quantity", related="product_id.quantity_svl")
+
+    added_value = fields.Monetary("Added value", required=True)
+    new_value = fields.Monetary("New value", compute='_compute_new_value')
+    new_value_by_qty = fields.Monetary("New value by quantity", compute='_compute_new_value')
+    reason = fields.Char("Reason", help="Reason of the revaluation")
+
+    account_journal_id = fields.Many2one('account.journal', "Journal", required=True, check_company=True)
+    account_id = fields.Many2one('account.account', "Counterpart Account", domain=[('deprecated', '=', False)], required=True, check_company=True)
+    date = fields.Date("Accounting Date")
+
+    @api.depends('current_value_svl', 'current_quantity_svl', 'added_value')
+    def _compute_new_value(self):
+        for reval in self:
+            reval.new_value = reval.current_value_svl + reval.added_value
+            if not float_is_zero(reval.current_quantity_svl, precision_rounding=self.product_id.uom_id.rounding):
+                reval.new_value_by_qty = reval.new_value / reval.current_quantity_svl
+            else:
+                reval.new_value_by_qty = 0.0
+
+    def action_validate_revaluation(self):
+        """ Revaluate the stock for `self.product_id` in `self.company_id`.
+
+        - Change the stardard price with the new valuation by product unit.
+        - Create a manual stock valuation layer with the `added_value` of `self`.
+        - Distribute the `added_value` on the the remaining_value of layers still in stock (with a remaining quantity)
+        - If the Inventory Valuation of the product category is automated, create
+        related account move.
+        """
+        self.ensure_one()
+        if self.currency_id.is_zero(self.added_value):
+            raise UserError(_("The added value doesn't have any impact on the stock valuation"))
+
+        product_id = self.product_id.with_company(self.company_id)
+
+        remaining_svls = self.env['stock.valuation.layer'].search([
+            ('product_id', '=', product_id.id),
+            ('remaining_qty', '>', 0),
+            ('company_id', '=', self.company_id.id),
+        ])
+
+        # Create a manual stock valuation layer
+        revaluation_svl_vals = {
+            'company_id': self.company_id.id,
+            'product_id': product_id.id,
+            'description': _("Manual Stock Valuation: %s.%s") % (
+                self.reason or _("No Reason Given"),
+                product_id.categ_id.property_cost_method == 'average' and (_(" Product cost updated from %s to %s.") % (product_id.standard_price, product_id.standard_price + self.added_value / self.current_quantity_svl)) or ''),
+            'value': self.added_value,
+            'quantity': 0,
+        }
+
+        remaining_qty = sum(remaining_svls.mapped('remaining_qty'))
+        remaining_value = self.added_value
+        remaining_value_unit_cost = self.currency_id.round(remaining_value / remaining_qty)
+        for svl in remaining_svls:
+            if float_is_zero(svl.remaining_qty - remaining_qty, precision_rounding=self.product_id.uom_id.rounding):
+                svl.remaining_value += remaining_value
+            else:
+                taken_remaining_value = remaining_value_unit_cost * svl.remaining_qty
+                svl.remaining_value += taken_remaining_value
+                remaining_value -= taken_remaining_value
+                remaining_qty -= svl.remaining_qty
+
+        revaluation_svl = self.env['stock.valuation.layer'].create(revaluation_svl_vals)
+
+        # Update the stardard price in case of AVCO
+        if product_id.categ_id.property_cost_method == 'average':
+            product_id.with_context(disable_auto_svl=True).standard_price += self.added_value / self.current_quantity_svl
+
+        # If the Inventory Valuation of the product category is automated, create related account move.
+        if self.property_valuation != 'real_time':
+            return True
+
+        accounts = product_id.product_tmpl_id.get_product_accounts()
+
+        if self.added_value < 0:
+            debit_account_id = self.account_id.id
+            credit_account_id = accounts.get('stock_valuation') and accounts['stock_valuation'].id
+        else:
+            debit_account_id = accounts.get('stock_valuation') and accounts['stock_valuation'].id
+            credit_account_id = self.account_id.id
+
+        move_vals = {
+            'journal_id': self.account_journal_id.id or accounts['stock_journal'].id,
+            'company_id': self.company_id.id,
+            'ref': _("Revaluation of %s") % product_id.display_name,
+            'stock_valuation_layer_ids': [(6, None, [revaluation_svl.id])],
+            'date': self.date or fields.Date.today(),
+            'move_type': 'entry',
+            'line_ids': [(0, 0, {
+                'name': _('%s changed stock valuation from %s to %s of %s') % (
+                    self.env.user.name, self.current_value_svl, self.current_value_svl + self.added_value, product_id.display_name),
+                'account_id': debit_account_id,
+                'debit': abs(self.added_value),
+                'credit': 0,
+                'product_id': product_id.id,
+            }), (0, 0, {
+                'name': _('%s changed stock valuation from %s to %s of %s') % (
+                    self.env.user.name, self.current_value_svl, self.current_value_svl + self.added_value, product_id.display_name),
+                'account_id': credit_account_id,
+                'debit': 0,
+                'credit': abs(self.added_value),
+                'product_id': product_id.id,
+            })],
+        }
+        account_move = self.env['account.move'].create(move_vals)
+        account_move.post()
+
+        return True
diff --git a/addons/stock_account/wizard/stock_valuation_layer_revaluation_views.xml b/addons/stock_account/wizard/stock_valuation_layer_revaluation_views.xml
new file mode 100644
index 00000000000..ffe75dc5236
--- /dev/null
+++ b/addons/stock_account/wizard/stock_valuation_layer_revaluation_views.xml
@@ -0,0 +1,44 @@
+<?xml version="1.0" encoding="utf-8"?>
+<odoo>
+
+    <record id="stock_valuation_layer_revaluation_form_view" model="ir.ui.view">
+        <field name="name">stock.valuation.layer.revaluation.form</field>
+        <field name="model">stock.valuation.layer.revaluation</field>
+        <field name="arch" type="xml">
+            <form string="Product Revaluation">
+                <sheet>
+                    <group>
+                        <label for="current_value_svl" string="Current Value"/>
+                        <div class="o_row">
+                            <span><field name="current_value_svl" widget="monetary"/> for <field name="current_quantity_svl"/> <field name="product_uom_name" class="mx-1"/> </span>
+                        </div>
+                        <label for="added_value" string="Added Value"/>
+                        <div class="o_row">
+                            <span><field name="added_value" class="oe_inline"/> = <field name="new_value"/> (<field name="new_value_by_qty"/> by <field name="product_uom_name" class="mx-1"/>)
+                            <small class="mx-2 font-italic">Use a negative added value to record a decrease in the product value</small></span>
+                        </div>
+                        <field name="company_id" invisible="1"/>
+                        <field name="currency_id" invisible="1"/>
+                        <field name="product_id" invisible="1"/>
+                    </group>
+                    <group>
+                        <field name="property_valuation" invisible="1"/>
+                        <group>
+                            <field name="reason"/>
+                            <field name="account_journal_id" attrs="{'invisible':[('property_valuation', '!=', 'real_time')]}"/>
+                        </group>
+                        <group>
+                            <field name="account_id" attrs="{'invisible':[('property_valuation', '!=', 'real_time')]}"/>
+                            <field name="date" attrs="{'invisible':[('property_valuation', '!=', 'real_time')]}"/>
+                        </group>
+                    </group>
+                </sheet>
+                <footer>
+                    <button name="action_validate_revaluation" string="Revalue" type="object" class="btn-primary"/>
+                    <button string="Cancel" class="btn-secondary" special="cancel" />
+                </footer>
+            </form>
+        </field>
+    </record>
+
+</odoo>