SEVODOC

Milestones, advance and retention · €1000.00 · 20% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €1000.00 · 20% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€1000.00
Advance€200.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 1000.00; Advance from price, %: 20; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€1 000.00
Advance€200.00
Total retained until release€0.00

Advance + Stage work value = €1000.00

€800.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€200.00€200.00€800.00
1€66.66€0.00€66.66€266.66€733.34
2€66.66€0.00€66.66€333.32€666.68
3€66.66€0.00€66.66€399.98€600.02
4€66.66€0.00€66.66€466.64€533.36
5€66.66€0.00€66.66€533.30€466.70
6€66.66€0.00€66.66€599.96€400.04
7€66.66€0.00€66.66€666.62€333.38
8€66.66€0.00€66.66€733.28€266.72
9€66.66€0.00€66.66€799.94€200.06
10€66.66€0.00€66.66€866.60€133.40
11€66.66€0.00€66.66€933.26€66.74
12€66.74€0.00€66.74€1 000.00€0.00

The calculation is a local example. This action saves no customer document and makes no payment.

Example assumptions and limits

Continue in the actual tool

Common questions

What can I verify in this example?

Inspect how advances, work stages and retention change cash received in each period. €1000.00 · 20% · 12 · 0% · +0

Which assumptions should I change for my transaction?

Retention is an assumed contractual percentage of work after the advance. The release row assumes agreed conditions are met; it is not evidence of an actual release.

Will opening a template produce an approved document?

Hypothetical calculation. It does not save a document, prove payment or post a journal entry.