Central Accounting Reporting System (CARS)
The Central Accounting and Reporting System (CARS) handles accounting and reporting for all federal agencies.
View additional details on the announcement and how it will affect CARS users.
- Financial management and accounting information across federal program agencies
- Bureau of the Fiscal Service processes related to ledger accounting for each appropriation, fund, and receipt account's fund balance with Treasury
- General ledger accounting for government cash and monetary assets
- Monthly Treasury statements and the U.S. Government Combined Statement and Appendix.
What does CARS do for you?
- Captures and records Treasury Account Symbol (TAS) information for payments, deposits, and intra-governmental transactions.
- Provides agencies with an account statement of their fund balance with Treasury.¬†
- Allows agencies access to transaction detail to support research and reconciliation.
- Improves the usability and currency of government-wide financial information.
- Eliminates multiple levels of reconciliation currently required to validate central accounting system fund balances.
- Minimizes data redundancy and enhances data sharing between the Fiscal Service central accounting system, financial service provider systems, and agency core financial systems.
- Provides agencies with one-stop access to both provide and retrieve data and information from Treasury.