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Central Accounting Reporting System (CARS)

The Central Accounting and Reporting System (CARS) handles accounting and reporting for all federal agencies.

CARS includes:

  • 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.

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