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Milestones, advance and retention · €100000.00 · 0% · 3 · 15% · +6

Inspect how advances, work stages and retention change cash received in each period. €100000.00 · 0% · 3 · 15% · +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€15000.00

Initial example inputs: Initial amount, EUR: 100000.00; Advance from price, %: 0; Number of work stages: 3; Retention on work after advance, %: 15; Periods after completion until release: 6

Change the example inputs

Total agreed price€100 000.00
Advance€0.00
Total retained until release€15 000.00

Advance + Stage work value = €100000.00

€100000.00 × 15% → €15000.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€100 000.00
1€33 333.33€4 999.99€28 333.34€28 333.34€71 666.66
2€33 333.33€4 999.99€28 333.34€56 666.68€43 333.32
3€33 333.34€5 000.02€28 333.32€85 000.00€15 000.00
9€0.00-€15 000.00€15 000.00€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

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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% · 3 · 15% · +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.