"Fixed Asset Management with Respect to Wilo Mather and Platt Pumps Pvt Ltd"

Fixed assets management is an accounting process that seeks to track fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. Organizations face a significant challenge to track the location, quantity, condition, maintenance and depreciation status of their fixed assets. This research paper addresses the role fixed assets play in efficiency of a company to generate sales. At the same time, this paper addresses the areas for improvement for the company's employees. The study is based on the research conducted at Wilo Mather and Platt Pumps Pvt. Ltd.