Annual Comprehensive Financial Report

Annual Comprehensive Financial Report

Gravity provides a secure, collaborative and auditable platform to produce the Annual Comprehensive Financial Report (ACFR).

Gravity was developed based on the GASB 34 accounting standard, which means it is easy to incorporate changes in the accounting standard over time. The solution provides automatic mapping of the GL based on rules, making it simple to load data from your source system(s) into Gravity. Gravity also provides “automatic formatting”, to quickly generate statements and disclosures.

Gravity performs automatic transformations of the data model - making it simple to produce Governmental-wide reporting and cash flow statements.

Governmental entities of all sizes leverage Gravity’s publishing engine to produce highly formatted reports, without the need of a professional designer. Gravity is the only cloud-based platform, designed specifically for the governmental sector, that can produce desk-top publishing quality output - where the layout, images, charts and coloring are all prepared automatically with minimal user involvement.

Gravity also fully supports XBRL reporting, in full compliance with the ACFR XBRL mandate and the Florida AFR mandate. Furthermore, with Gravity, no manual tagging of the XBRL document is required. The solution automatically generates the XBRL output with the correct tags and structure.

Gravity provides a secure, collaborative and auditable platform to produce the Annual Comprehensive Financial Report (ACFR).

Gravity was developed based on the GASB 34 accounting standard, which means it is easy to incorporate changes in the accounting standard over time. The solution provides automatic mapping of the GL based on rules, making it simple to load data from your source system(s) into Gravity. Gravity also provides “automatic formatting”, to quickly generate statements and disclosures.

Gravity performs automatic transformations of the data model - making it simple to produce Governmental-wide reporting and cash flow statements.

Governmental entities of all sizes leverage Gravity’s publishing engine to produce highly formatted reports, without the need of a professional designer. Gravity is the only cloud-based platform, designed specifically for the governmental sector, that can produce desk-top publishing quality output - where the layout, images, charts and coloring are all prepared automatically with minimal user involvement.

Gravity also fully supports XBRL reporting, in full compliance with the ACFR XBRL mandate and the Florida AFR mandate. Furthermore, with Gravity, no manual tagging of the XBRL document is required. The solution automatically generates the XBRL output with the correct tags and structure.