5.3 – Accounting System 
Standard: The agency shall have a comprehensive accounting system to ensure an orderly, accurate, and complete documentation of the flow of funds. The accounting system shall facilitate rapid retrieval of information on the status of appropriations, expenditures and revenue any time the information is required.
Suggested Evidence of Compliance: Provide a description of the accounting system.
Narrative:
AMS Advantage Financial is a comprehensive financial management system used by PRC through Westchester County which is specifically designed to support the functions performed by local governments, state governments, school districts, and higher education institutions.
In addition to standard accounting functions of accounts payable, accounts receivable and general ledger, AMS also performs specialized functions of encumbrance control, fund accounting, grants and project management.
Using data input by its users, AMS maintains a financial database that can produce a variety of detail and summary level information reports useful to PRC.