Materials Accounting Course
Master materials accounting with hands-on practice in weighted average costing, stock cards, variances, scrap treatment, and month-end journal entries. Build accurate inventory valuation and stronger cost control for manufacturing and accounting roles.

flexible workload from 4 to 360h
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 workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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