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Materials Accounting Course

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

What will I learn?

The Materials Accounting Course gives you practical skills to control inventory in a perpetual system, from raw materials to finished goods. Learn stock cards, weighted average costing, material consumption, scrap treatment, and month-end entries. Build confidence handling variances, reconciliations, and clear inventory reports that support accurate, reliable financial information and better operational decisions.

Elevify advantages

Develop skills

  • Apply weighted average costing: price material issues fast and accurately.
  • Build and reconcile stock cards: track receipts, issues, returns, and scrap.
  • Post inventory journals: purchases, consumption, variances, and month-end close.
  • Analyze stock variances: compare theoretical vs physical and explain gaps.
  • Account for scrap and offcuts: record 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 say

I was just promoted to Prison System Intelligence Advisor and the course from Elevify was crucial in my selection.
EmersonPolice Investigator
The course was essential in meeting my boss's and the company's expectations.
SilviaNurse
Very excellent course. Lots of valuable information.
WiltonCivil Firefighter

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