Methodology
Calculates the service fee from an hourly, daily, or fixed-fee basis, subtracts the discount entered, adds reimbursable expenses, applies the tax percentage to the resulting taxable base, and then uses the retainer percentage to split the total between an up-front deposit and the remaining balance due.
Limitations
- Applies simple percentage-based discount, tax, and retainer logic and does not model tiered rates, staged milestones, or withholding requirements.
- Assumes expenses entered are reimbursable and belong in the taxable-base treatment used by the user.
- Effective hourly and day rates depend entirely on the workload hours or days entered and do not estimate scope automatically.
- This is a pricing-planning tool, not a contract, tax, or invoicing-compliance system.
Disclaimer
Use the result as a quote-planning aid only. Before relying on it for invoices, tax filings, or payment terms, confirm contractor status, tax treatment, reimbursable-expense policy, and the final contract terms.