Free tools
Payment certificate calculator
Work out an interim certificate: retention, advance recovery, VAT and the amount payable.
The certificate
- Gross value this certificate
- 0.00
- Less retention this certificate
- 0.00
- Less advance recovery this certificate
- 0.00
- Net before VAT
- 0.00
- VAT at 0%
- 0.00
- Amount payable
- 0.00
Check against your contract
- Retention is the percentage of the value to date, up to the limit. Recovery is the percentage of the value to date, up to the advance. This is the method EthioBuild’s payment certificates use.
- Contracts differ. FIDIC, for example, can start recovery only after a threshold of certified value, and VAT or withholding treatment depends on your contract and tax position. Confirm with your contract and accountant.
- Materials on site, price escalation and other deductions are not included here.
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Run the whole project this way
EthioBuild keeps estimates, BOQs, payment certificates, claims, RFIs and site reports together for your whole team.
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