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Orange County <br />Needs Assessment Project <br />Page 2U <br /> Inter nal Priori ties <br />57 Supports at least 13 accounting periods in a fiscal year. X <br />58 Supports multi-year processing by allowing two fiscal years~ta X <br /> be open concun'ently. <br />59 Capability to accept account and transaction amounts up to <br /> 99 million, with the ability to increase capacity if needed up to X <br /> 999 million. <br />BO upports the ability to maintain two open fiscal months <br />- oncurrently, in addition to the 13th month of the prior fiscal X <br /> ear. <br />61 upport the ability to create and easily maintain multiple charts X <br /> f accounts on-line, real-time. <br />62 upports positive validation of account number input prior to X <br /> ledger update. <br />63 biliry to automatically chargeback of costs to departments, <br /> based on multiple allocation methods (i.e. -per mile, direct X <br /> ost) <br />64 Maintain and process multiple funds (and grants) within a X <br /> Ingle general ledger system. <br />65 Capability to link funds "divisions" and accounts together for <br /> ccount number creation to eliminate need for data entry of X <br /> ach individual account. _ <br />66 Capability to generate output for microfiche or other archiving X <br /> processes. <br />67 Supports the enterprise fund type required for the organizations X <br /> ost accounting. <br />68 Provides controls to ensure that funds "divisions" remain in X <br /> balance (e.g., debits equal credits). <br />69 Provide, at a minimum, a 30-character account name for each, X <br /> ccount in the chart of accounts. <br />70 upports the collection of statistical data for performance <br /> measurement reporting (such as square footage, time, etc.) on X <br /> a module basis. <br />71 upports at least 9,999 accounts. X <br />72 Supports the ability to activate and de-activate accounts with X <br /> ffective start and end dates. <br />73 Provides mass maintenance capability for modifying the <br /> lassification structure (e.g., changing account descriptions, X <br /> ransferring account balances). <br />74 Provide capabilities to assure that all transactions by fund and X <br /> in total are in balance before updating the general ledger. <br />75 upports efFicient transaction entry without requiring entry of all X <br /> lassification elements. <br />76 Supports the use of reference tables for data and transaction <br /> ntry that are capable of inferring other classification structure X <br /> lements. <br />77 Support the ability to process the following six journal entry <br /> pes: <br />