SEVODOC

Milestones, advance and retention · €100000.00 · 0% · 12 · 10% · +6

Inspect how advances, work stages and retention change cash received in each period. €100000.00 · 0% · 12 · 10% · +6

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€100000.00
Advance€0.00
Total retained until release€10000.00

Initial example inputs: Initial amount, EUR: 100000.00; Advance from price, %: 0; Number of work stages: 12; Retention on work after advance, %: 10; Periods after completion until release: 6

Change the example inputs

Total agreed price€100 000.00
Advance€0.00
Total retained until release€10 000.00

Advance + Stage work value = €100000.00

€100000.00 × 10% → €10000.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€100 000.00
1€8 333.33€833.33€7 500.00€7 500.00€92 500.00
2€8 333.33€833.33€7 500.00€15 000.00€85 000.00
3€8 333.33€833.33€7 500.00€22 500.00€77 500.00
4€8 333.33€833.33€7 500.00€30 000.00€70 000.00
5€8 333.33€833.33€7 500.00€37 500.00€62 500.00
6€8 333.33€833.33€7 500.00€45 000.00€55 000.00
7€8 333.33€833.33€7 500.00€52 500.00€47 500.00
8€8 333.33€833.33€7 500.00€60 000.00€40 000.00
9€8 333.33€833.33€7 500.00€67 500.00€32 500.00
10€8 333.33€833.33€7 500.00€75 000.00€25 000.00
11€8 333.33€833.33€7 500.00€82 500.00€17 500.00
12€8 333.37€833.37€7 500.00€90 000.00€10 000.00
18€0.00-€10 000.00€10 000.00€100 000.00€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. €100000.00 · 0% · 12 · 10% · +6

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.