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Assets

Fixed assets on autopilot: capitalize from the invoice

Fixed asset tools wait for someone to add assets. Slingstone spots them as bills arrive.

2 min read · Slingstone

Assets start as bills

Almost every fixed asset starts as an invoice. In legacy tools, someone has to notice it, decide to capitalize it and add it to a separate register.

Flagged at intake

As bills flow through AP Automation, AI flags likely capital purchases and prepaid expenses against your capitalization policy, so they can be registered with a click.

Depreciation that runs itself

Once registered, depreciation and amortization schedules post every month, ready for close.

Legacy tools vs. Slingstone

Legacy toolsSlingstone
Assets added manuallyCapital purchases flagged from incoming bills
Separate system from APConnected to AP Automation
Monthly entries by handDepreciation and amortization posted automatically
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