(1) Vendor needs to provide cloud–based accounting software. • Provide software, implementation services, data migration, training, support and documentation necessary to transition from Great Plains to the proposed solution. • The system must be provided as a fully cloud–based, vendor–hosted software platform (SaaS) • Managing the full accounting lifecycle including General Ledger, Accounts Payable, Accounts Receivable and Payroll cost allocations • Tracking expenses in compliance with the Federal Transit Administration’s (FTA) Uniform System of Accounts (USOA) • Supporting configurable allocation bases (miles, calls, hours etc), with distribution of costs across projects, USOA or funding sources at month–end • Providing a robust catalog of financial, statistical, operational and payroll reporting capabilities, in exportable and auditor–ready formats • Enforcing strong internal controls and user–based permission limitations • Managing and reporting on multiple legal entities within a single platform, while maintaining separate books, security restrictions, and audit trails for each • Ensuring full agency ownership and unrestricted access to all financial and operational data, including export in non–proprietary formats • The system must be capable of generating all required financial and operational reports at any level of the project hierarchy • Ability for required users to select and run reports based on previously created Custom Reports • The system must be compatible with external time clock solutions, either through native integration or via a documented API that supports secure data transfer of time and attendance records • Ability to track expiring licenses, certifications and other time sensitive employee details • Password protected access to paystubs, Tax Forms and other documents for individual employees • Ability to export complete historical transaction details, configuration tables, allocation drivers, and audit logs