Construction project accounting can significantly burden quantity surveyors who track project budgets via spreadsheets and process invoices and purchase orders in various currencies. Planyard offers a welcome relief from this hassle, making the process easy and efficient.
Planyard allows you to upload your starting project budget spreadsheet and select the preferred currency for the project.
Follow a simple icon indicating that this project is managed in multiple currencies.
The team should be able to easily track project financial progress, manage multiple currency purchase orders and invoices, update the conversion rates, and ultimately track project forecasts in real time.
When you receive a purchase invoice in a different currency, simply select the currency from the dropdown menu, and Planyard will automatically apply the current exchange rate. Allocate the costs to the relevant budget items and submit. Planyard will then create a quantity surveyor-approved multi-currency invoice in your accounting software, such as QuickBooks or Xero.
In the project budget view, the invoice value is converted to the budget currency for easy cost monitoring. A simple icon shows that the invoice has been approved in multi-currency, and the accountant can later adjust the exchange rate if needed.
No credit card required. No sales or IT support needed.
When raising a purchase order, select the desired currency and send it to your subcontractor or vendor in their preferred currency. The purchase order’s value is automatically shown in the budget currency under committed costs, giving you a clear view of project expenses and forecasts. Process the purchase invoices, with each one converted using its specific exchange rate.
See how Planyard helps businesses like yours succeed - read their stories in our blog.
"Planyard's integration with Xero has streamlined our project financials, providing clear insights and saving us valuable time. It's easy to use and keeps all commitments organized for seamless financial tracking."
Read more
"Planyard is basically a live CVR and saves time by making Excel unnecessary. Once a project’s set up, I can rely on Planyard to stay organized without spreadsheets."
Read more
"Planyard is exactly what I’m after as a business owner: a good-value system that keeps everything in one place, saves me money and makes sure I’m not losing any money on projects. As a businessman, that’s a no-brainer."
Read more
"I’m confident that we can manage multiple projects effectively. We’re currently running three fairly large ones, and the system makes it very clear and easy to manage all of them at once."
Read more
"I chose Planyard because it stood out as the most straightforward and intuitive option on the market. I really wanted a tool that would simplify our existing processes and make everything more efficient, rather than switching to a system that was far too complicated for us to use on a daily basis."
Read more
"Planyard has completely replaced my CVR process. Cost Value Reconciliation is essentially about tracking your budget against your actual spend to see exactly what remains, and that functionality is the absolute essence of the central core of Planyard."
Read more
"For me Planyard is essentially the go to software for SMBs. There are other software packages out there that are a large investment upfront with a significant monthly cost. These are all potential solutions once you get to a very large business but they are not a solution for SMBs."
"Timewise, on a single project, I'd probably save 6 to 8 hours—essentially a full day every month. When it comes to processing monthly payments, it saves me a solid day, perhaps even a day and a half, just in sorting through the invoices. Saving a day and a half of my time means the system pays for itself time and time again."
Read more
We've got your questions covered. If you can't find the answer below, then feel free to contact us via the chat.
Planyard allows users to manage budgets, contracts, and payments in multiple currencies, ensuring accurate financial tracking across international projects.
Yes, Planyard integrates with popular accounting systems like QuickBooks and Xero, ensuring seamless synchronisation of multi-currency financial data.
Planyard provides real-time updates to budgets and forecasts, reflecting currency fluctuations and helping teams make informed financial decisions.
By automating multi-currency tracking and eliminating manual conversions, Planyard reduces errors, saves time, and ensures accurate financial management across borders.
No credit card required. No sales or IT support needed.
