dBpowerAMP is supplied pre-installed with mp3 and Wave codecs, popular codecs such as WMA, ogg, mp4 / aac, etc can be one click installed by simply selecting said codec from within dBpowerAMP. Other codecs can be installed from [Codec Central]. 

Detailed help on each installed Codec,
mp3 (Lame) Compression Settings, 
Wave Compression Settings,

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