Fixed Assets & Depreciation  - Fams
                     http://www.fams.co/
          Fixed Asset Depreciation Software
http://www.fams.co/
About Us
 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
 • IASB
• IFRS
• GAAP
• Custom Depreciation 
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IASB
In ternational 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
 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
Ge nerally 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
Co mpany 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
Address  : 385 prince of Wales drive.
City        : Mississauga
State      : Ontario
Country : Canada
Contact : 1 - 416 436 6429
Email     : [email protected]
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