Specifications include, but are not limited to: Ability to convert a minimum of five years of legacy data (including chart of accounts and vendor files) in current software to proposed solutionUser defined account number structureProvides a Chart of Accounts system that provides a flexible account numbering format that meetsthe requirements of the Town and the Rhode Island Department of Education Uniform Chart of AccountsAccounts Payable with 1099 capability including electronic purchase orders, encumbrances,tracking by vendor and by budget line, paper check, and ACH paymentsAccounts Receivable – billing and payment processingGeneral LedgerReconciliation of bank accountsAbility to post manual journal entries