Retainage calculator

Work out the retainage held on a contract, the amount earned less retainage, what is due now and what is left to bill.

How it works

Retainage held is the amount billed to date times the retainage percent.

Earned less retainage is the amount billed to date minus the retainage held.

Due now is the amount earned less retainage minus what has been paid to date.

Left to bill is the contract value minus the amount billed to date.

The retainage percent and when it is paid out are set by your contract. Read it for the terms that apply to you.

Want to track retainage on every job, in a spreadsheet? Subcontractor Payment and Retainage Tracker, Excel, $19.

This is arithmetic on the numbers you enter. It is not tax, legal or financial advice.