Platform Money
Valuations and invoicing, built by people who price jobs.
MVV Portal's money side runs MVV Construction's invoices, valuations and books every day. Profit is worked out on the net figure, and every number ties back to the job.
Invoices and valuations
One document for works, deposits and materials.
Invoices take VAT at 0, 5 or 20 per cent, with works, deposits and client-supplied materials on one document. Valuations go by percentage complete or by milestone, and part payments and credit notes are tracked. When an invoice goes overdue, reminders go out in your own wording.
- Interim valuations an architect can certify
- Interim and final account PDFs
- Cash-flow forecast, and VAT quarters with the HMRC deadline
- Photograph a receipt and the expense fills itself in
The books
Checked every time they change.
Statements from any bank come in as a file, and the Accountant checks the books still add up. Vera reads the whole ledger every morning and flags anything that doesn't add up. Neither of them writes money: a correction happens only when you approve it.
- Profit on net
- Milestone billing and part payments
- Credit notes
- CIS deductions
- Budget per trade
Assistants
The assistants that help
- The Accountant re-runs the sums and reports anything that doesn't tie
- Vera reads the ledger each morning and flags what looks wrong
- The Bookkeeper checks the bank reconciliation before it goes to the accountant
- Receipt Reader: photograph a receipt and the expense fills itself in
- Agency Invoice Reader checks agency invoices against the weekly board
- Progress Valuer estimates how far each line has got, for the valuation
Questions
Questions about valuations, invoices and vat
- Which VAT rates does it handle?
- 0, 5 and 20 per cent, with works, deposits and client-supplied materials on one document.
- Can an architect certify valuations?
- Yes. Architects can certify valuations but can't see company money.
- Can the AI raise an invoice or pay anyone?
- The assistants don't pay anyone. Atlas can draft an invoice on WhatsApp, but it is only raised when you reply YES with your money PIN, and nothing goes to the client.
- How do bank statements get in?
- Statements from any bank come in as a file, and the Accountant checks the books still add up.
Also in MVV Portal