SEVODOC

Milestones, advance and retention · €10000.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €10000.00 · 50% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€10000.00
Advance€5000.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 10000.00; Advance from price, %: 50; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€10 000.00
Advance€5 000.00
Total retained until release€0.00

Advance + Stage work value = €10000.00

€5000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€5 000.00€5 000.00€5 000.00
1€416.66€0.00€416.66€5 416.66€4 583.34
2€416.66€0.00€416.66€5 833.32€4 166.68
3€416.66€0.00€416.66€6 249.98€3 750.02
4€416.66€0.00€416.66€6 666.64€3 333.36
5€416.66€0.00€416.66€7 083.30€2 916.70
6€416.66€0.00€416.66€7 499.96€2 500.04
7€416.66€0.00€416.66€7 916.62€2 083.38
8€416.66€0.00€416.66€8 333.28€1 666.72
9€416.66€0.00€416.66€8 749.94€1 250.06
10€416.66€0.00€416.66€9 166.60€833.40
11€416.66€0.00€416.66€9 583.26€416.74
12€416.74€0.00€416.74€10 000.00€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. €10000.00 · 50% · 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.