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Is CAFR-2000 an accounting system?

Accounting cafr-2000 system
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Is CAFR-2000 an accounting system?

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No. CAFR-2000 has several functions and features that operate very similar to an accounting system but these are provided only to facilitate the efficient storage and retrieval of all the data regarding any particular account you wish to place on a report. They also help in keeping the data in sync i.e. journal entries to show adjustments to accounts, both debits & credits so as not to let a fund get out of balance.

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