Fixed assets and prepaids on autopilot.
Capitalize, depreciate and amortize — straight from the invoices you already process, with AI spotting what belongs on the balance sheet.
How it works
Four steps, mostly handled by AI.
Identify
AI spots capital purchases and prepaid expenses as bills come through AP.
Register
Assets, prepaids and contracts are added to the register with useful lives and terms.
Schedule
Depreciation, amortization and lease schedules are calculated.
Post
Monthly entries post automatically, ready for close.
Everything in Assets
The depth you'd expect from the incumbents — rebuilt so the application does the work.
marks a feature powered by AI
Fixed assets
- Asset register by entity, location and class
- Depreciation methods and useful lives
- Additions, transfers and disposals
- Capitalization suggestions from incoming bills
- AI suggests asset class and useful life from the invoice
Prepaids
- Prepaid schedules created from invoices
- Monthly amortization entries
- Remaining-balance tracking
- AI detects prepaid periods from service dates on invoices
Lease accounting
- Lease schedules created from your Slingstone Contracts records
- Right-of-use asset and liability schedules
- Monthly lease entries posted automatically
- AI flags leases that need lease accounting treatment
AI-guided implementation
- AI configures your setup from connected systems and documents
- Every AI-set value marked with its source for your review
- Step-by-step AI implementation guide
- History imported with AI column mapping
- Shadow mode to compare AI with your team before go-live
AI access from your tools
- Connect Claude, ChatGPT, Gemini or Grok through MCP
- Ask questions of your live data in plain English
- Assistants propose; people approve and release
- Same roles and permissions as the application
What the AI actually does
Not a chatbot in the corner. AI is how the work gets done.
Finds what to capitalize
Capital purchases and prepaids are flagged as bills arrive.
Sets it up for you
Asset class, useful life and prepaid periods are suggested from the invoice itself.
Keeps it running
Schedules post every month and adjust when assets are transferred or disposed of.
Controls you can show an auditor
- Capitalization policies you set
- Reviewable AI suggestions
- Audit trail on every schedule change
Connects with
Works even better together
Every Slingstone application shares the same data and the same AI.
See what your applications should have been doing all along.
Book a 30-minute demo and we'll show you Slingstone working with your systems and your workflows.
Book a demoOr email us at hello@slingstonehq.com