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Materials Accounting Course

Materials Accounting Course
4 to 360h flexible workload
certificate valid in your country

What will I learn?

Gain practical expertise in perpetual inventory control from raw materials to finished goods. Master stock cards, weighted average costing, material usage, scrap accounting, and month-end adjustments. Confidently manage variances, perform reconciliations, and produce clear inventory reports for reliable financial data and informed operations.

Elevify advantages

Develop skills

  • Apply weighted average costing to price material issues quickly and accurately.
  • Build and reconcile stock cards to track receipts, issues, returns, and scrap.
  • Post inventory journals for purchases, consumption, variances, and month-end close.
  • Analyze stock variances by comparing theoretical vs physical counts and explaining differences.
  • Account for scrap and offcuts by recording sales, gains, and material cost reductions.

Suggested summary

Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.
Workload: between 4 and 360 hours

What our students are saying

Your classes are perfect. I got the one-year package and finally have the chance to follow several topics I'm interested in without having to switch platforms... thank you for everything you do, I've already recommended you to others...
Giulio Carlo
Giulio CarloDigital Marketing Student
I like how the lessons get straight to the point and how I can switch chapters and skip content I don't need.
Mariana Ferres
Mariana FerresPhotography Student
I like the content and the way the videos are presented and transcribed, which speeds up the process!
Luciana Alvarenga
Luciana AlvarengaNail Design Student
The platform is fast and easy to use. The variety of content and the extra videos really help with learning.
Giulio Carlo
Giulio CarloPrompt Engineering Student

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