Improve Profitability by Monitoring Rework and Failure Costs with Failure Cost Processing

Dedham, MA (PressExposure) May 11, 2011 -- Financials Expert Posts New Article - "Improve Profitability by Monitoring Rework and Failure Costs with Failure Cost Processing" to the SAP System.

SAPexperts announces a new article, "Improve Profitability by Monitoring Rework and Failure Costs with Failure Cost Processing" available in the Financials Expert knowledgebase.

This article focuses on how to use failure cost processing for substandard or damaged finished goods rework. You will view reports for better monitoring and control of the alteration of goods. Doing this on a standard SAP system requires custom modifications and wasted time. Learn how to quickly capture costs that deal with reworked or discarded goods.

Quickly handle goods that need to modified or fixed to be sold, or goods that need to be discarded. In addition, this allows better monitoring and control of costs. Bob Croce, product director of SAPexperts comments, "This article teaches you how to easily view and control your costs related to goods that need to be reworked or discarded, saving you time and money."

The article is written by Siva Prasad Ramachendruni, Senior Consultant. The article abstract is located at :

About the Authors:

Siva Prasad Ramachendruni is a senior consultant (SAP Financials) working for a multinational corporation in the IT sector with 12 years of functional and SAP experience. He helps companies streamline business processes and gain efficiency through effective cost management. He is an Indian Cost and Management Accountant and has a master's degree in financial management.

About SAPexperts

SAPexperts consist of nine online knowledgebases produced by WIS Publishing - the leading independent provider of publications and educational events focused on SAP technology. The nine SAPexperts knowledgbases consist of Financials Expert, BI Expert, SCM Expert, HR Expert, CRM Expert, GRC Expert, Solution Manager Expert, Project Expert, as well as SAP Professional Journal. Access to the SAPexperts knowledgebases is obtained on an annual subscription basis. More information can be found at

About WIS Publishing

WIS Publishing is the premier independent provider of SAP training materials, with more than 250,000 customers in 61 countries. WIS Publishing is the publisher of SAPinsider, insiderPROFILES, and the SAPexperts publications, and is the producer of the SAPinsider conferences and the Insider Learning Network. For more information, visit

SAP is a registered trademark of SAP AG in Germany and several other countries. WIS Publishing is not affiliated with SAP AG or any of the SAP AG group of companies.

About Wellesley Information Services (WIS)

Wellesley Information Services (WIS) is the leading independent provider of information to professionals who deploy, manage, support, configure, and customize SAP solutions. More than 250,000 professionals in 61 countries rely on products and events from WIS to improve their company's ROI in information technology.

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Press Release Submitted On: May 11, 2011 at 12:14 pm
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