Fixed Asset Complaince - Fams
                     http://www.fams.co/
   Fixed Asset Complaince
http://www.fams.co/
About Us
 Every logistics stakeholder in a bonded warehouse agrees that SOX/STP/CT3/SEZ 
fixed asset compliance is the most demanding, cumbersome and time consuming 
activity, as it is liable to statutory audits from STPI, customs or central Excise 
department. In an event of breach of the compliance, the organization has to pay a 
hefty penalty. Everyone knows adhering to these compliances cannot be avoided, 
but not many know that these activities can be automated to bring peace of mind. 
Our SOX/STP/CT3/SEZ fixed asset compliance helps organization adhere to the 
compliance with minimal effort, as all the compliance related annexure and report 
are auto generated from the application itself. To avoid contingencies in business it 
is important to get fixed asset compliance.
http://www.fams.co/
FEATURES OF COMPLIANCE MANAGEMENT MODULE
 • Special Economic Zones
• Sarbanes Oxley
• Special Economic Zones
• Reports and Forms
http://www.fams.co/
Special Economic Zones
                                 STPI, SEZ
SEZs offer incentives and excellent facilities 
to attract investments for special purposes 
like exports. These zones have strict 
compliance norms for managing assets used 
for these special purposes. Traxx can be 
readily configured for most of the processes 
followed by different special economic 
zones.
http://www.fams.co/
Sarbanes Oxley
                   Regulatory Compliance
Assets shown in the balance sheet should 
match with the assets available on the floor. 
Using Traxx to reconcile the Finance Asset 
Register with Physical Asset Register and by 
conducting asset audits on a periodic basis 
to eliminate variance if any achieves this 
efficiently. With Traxx this process is quick 
and simple.
http://www.fams.co/
Special Economic Zones
                      Features in SEZ
Configure multiple units
Configure multiple bond registers
Map sites to bond registers
Track CG Limit
Generate application letters
Configure CHA
Configure tariff headings
Software Technology Parks of India (STPI), an 
autonomous society under Ministry of 
Communication and Information Technology, 
Department of Electronics and Information 
Technology, Government of India. All 
processes and reports necessary for STPI 
Compliance are available in Traxx.
Reports and Forms http://www.fams.co/
                     Regolatory Reports
Annexure IX, IX-A, XIII, XXI and B17
Re-export invoice
Shifting invoice
Packing list
Tentative report(Yearly)
Re-warehousing Certificate
Letters for approval to STP & Customs
De-bonding annexure
Cancel import approval/replacement
http://www.fams.co/
Contact Us
Address  : 385 prince of Wales drive.
City        : Mississauga
State      : Ontario
Country : Canada
Contact : 1 - 416 436 6429
Email     : [email protected]
http://www.fams.co/
         
                   
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