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Elitza Alexandrova is the Project Controller at Genfare, a leader in providing customized fare solutions to transit agencies of all sizes throughout North America and part of SPX Corporation, a leading supplier of highly engineered HVAC products, detection and measurement technologies and power equipment. She has been with SPX over seven years in various Corporate Accounting/Finance roles including Internal Audit and Financial Planning. Her previous two roles in Genfare were Senior Financial Analyst and Assistant Controller where she was a key resource in the site’s implementation of Oracle’s Hyperion Planning tool and SAP profitability analysis. In her current position, Elitza is the Finance lead for all things related to Customer Projects, from Order status to Close-out. Elitza holds an MBA from Purdue University and a Master in Accounting Science from Northern Illinois University. She is also a Certified Public Accountant, Registered, in the State of Illinois.  

SAP Tip – Customer Credit Limits Updates

When a customer exceeds their credit limit due to new orders that are greater than their limit, or due to unpaid balances, or combination of both, we have two main options, depending on our decision on each customer:

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Guest — Bhuvana
How to do enhancement in VKM* based on the sales office
Tuesday, 18 July 2017 10:23
Guest — Elitza Alexandrova
Hi Bhuvana, thank you for your question. Can you please explain in little bit more details what do you mean by enhancement or what... Read More
Thursday, 03 August 2017 11:37
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Controlling 2014 Speaker Profile: Elitza Alexandrova

This week we are profiling Controlling 2014 speaker Elitza Alexandrova. Elitza is the Senior Financial Analyst at SPX Genfare, a leader in providing customized fare solutions to transit agencies of all sizes throughout North America and part of SPX Corporation, a Fortune 500 manufacturing and industrial equipment supplier. 

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Tips on how to reconcile costing based CO-PA and GL

ElitzaWhy should we worry about reconciling costing based Profitability Analysis (CO-PA) to the GL? After all, GL is the book of record from an external reporting stand point. However, CO-PA has several advantages that the GL does not provide. For example, CO-PA can give us details on revenue and cost of sales (COS) split by sales order, product line, customer, etc. as opposed to the GL, which gives us only total revenue and total COS. CO-PA allows us to drill down to the details of a company’s profitability – customer, product line, which can be especially useful when forecasting future sales/COS. Therefore, CO-PA is an important financial tool; however for it to be accurate, we need procedures to reconcile or explain differences between CO-PA and the GL. 

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