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2. Basis of Presentation and Significant Accounting Policies: Passur Network (Policies)
9 Months Ended
Jul. 31, 2015
Policies  
Passur Network

 

PASSUR® Network

 

The PASSUR® Network is comprised of PASSUR® and SMLAT Systems, which includes the direct and indirect production, shipping, and installation costs incurred for each PASSUR® and SMLAT System, which are recorded at cost, net of accumulated depreciation. Depreciation is charged to cost of revenues and is calculated using the straight-line method over the estimated useful life of the asset, which is estimated at five to seven years. PASSUR® and SMLAT Systems which are not installed, raw materials, work-in-process, and finished goods components are carried at cost and no depreciation is recorded.