How does CAFR-2000 work?
CAFR-2000 allows you to maintain a database of your chart of accounts (or some summarized version of your chart of accounts) identifying each account, by account number and a series of properties describing how those accounts are used for reporting purposes. This database is structured to hold and maintain, in a broad sense, three sets of books. You can bring into CAFR-2000 your cash basis numbers, if applicable, make the necessary journal entries to take those numbers to the modified accrual basis and then make the appropriate journal entries to take them to the full accrual basis. These three sets of numbers reside in the database concurrently allowing you to report on any set of numbers for any accounting period in any year. The subsequent execution of a report definition will place information from your database into an Excel spreadsheet that is nearly camera ready for producing you CAFR.
