Fixed Assets & Depreciation - Fams

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Fixed Asset Depreciation Software
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About Us
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• Depreciation modules allows the user to
  configure all the parameter pertaining to
  different acts. Once configured, it simplifier
  the process of calculating depreciation of fixed
  assets, with a single click of a button. With the
  help of flexible filtering of parameters, the
  user can pull out any combination of report on
  demand on fixed asset depreciation. Now you can
  forget about spending nights doing reconciliation
  of several spread sheets, during the annual
  return filing. The fixed asset depreciation is
  common term in any business and right calculation
  of fixed assets depreciation is major concern
  for any business. It is important to have
  complete record of depreciating assets and it can
  be achieved by fixed asset depreciation Software.
  Fixed asset is meant to depreciate and having
  fixed asset depreciation software helps in taking
  down the asset getting depreciated.

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Features in Depreciation Module
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• IASB
• IFRS
• GAAP
• Custom Depreciation

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IASB
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International Accounting Standard Board IASB
(International Accounting Standard Board) is the
standards setting body of the IFRS Foundation.
TRAXX complies with accounting standards of IASB.
We keep track of any new standards introduced and
quickly incorporate them in TRAXX.

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IFRS
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International Financial Reporting Standards IFRS
is the global standard of financial accounting.
TRAXX complies with all their standards of fixed
assets depreciation

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GAAP
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Generally Accepted Accounting Principles GAAP is
the standard of accounting followed still by
many. RCS TRAXX is designed to comply will all
the requirements of GAAP.

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Custom Depreciation Calculation
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Company based depreciations Our depreciation
module can be configured dynamically to suit
different policies adopted by Organizations. For
example, customers can use IFRS for statutory
requirements and use their own policies for cost
allocation to cost centers.

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Contact Us
http//www.fams.co/

• Address 385 prince of Wales drive.
• City Mississauga
• State Ontario
• Country Canada
• Contact 1 - 416 436 6429
• Email info_at_fams.co

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• Thank You