Asset depreciation for schools

Schools and universities hold large, grant- and budget-funded estates — laptops, lab equipment, AV, furniture and library assets — that lose value every year, yet many still track depreciation in a spreadsheet that nobody fully trusts at audit. When the register and the finance numbers drift apart, year-end becomes a reconciliation nightmare and capital planning runs blind. Asetavo ties depreciation directly to the tagged, audited register, so each asset’s net book value stays correct as it’s verified, moved or disposed. For bursars and finance teams, that means defensible valuations, cleaner audits and a realistic picture of when classroom and lab equipment actually needs replacing.