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Advance and payment plan calculator.
How much advance should you ask for and how do you split the rest into stages? Enter the job value and get a clear payment plan for your quote.
Advance = value × advance % · Stages = (value − advance − retention) ÷ number of stages · Final = retained amount
How to build a payment plan for a larger job.
- 1
Set the advance
For materials ordered in advance, for joinery, windows and solar often 30 to 50 %.
- 2
Split into stages
Tie interim invoices to clear stages of the job, for example shell work, installations, finishing.
- 3
Keep some for the end
A small amount held until handover motivates both sides to close the job without delays.
FAQ
How much advance should you ask for and how do you split the rest into stages? Enter the job value and get a clear payment plan for your quote.
Usually 20 to 50 %, more when you order made-to-measure materials. The advance covers your risk and purchasing.
On the final or interim invoices the advance is deducted from the total. AdBooks does it automatically.
Create an advance invoice as a percentage from the quote in one click, and later interim and final invoices with the advance deducted.