Specifications include, but are not limited to: A. Import (e.g. interfaces, extracts) and map (simple/multiple/level) raw data, in various formats, from the City’s current financial accounting software, MS EXCEL, MS WORD, and other data bases into the software solution. B. Produce financial statements on the modified accrual and accrual basis of accounting; including the conversion from the modified accrual basis to the accrual basis, and governmentwide statements and reconciliations in accordance with GASB guidance. C. Produce financial statements that auto-calculate, link, foot and crossfoot. D. Create journal entries and track adjustments for the CAFR that dynamically update data across the statements via the journal preparation feature. Allow for posting to government wide and by specific funds. Ability to general calculated journal entries. E. Systematically handle data rounding to ensure balanced statements. F. Provide for multiple users to access the software solution simultaneously without overriding or conflicting versions. Software should accommodate a minimum of five (5) concurrent users. G. Link numbers in the financial statements/software solution to the transmittal letter, management’s discussion and analysis and statistical schedules.