SEVODOC

Milestones, advance and retention · €100000.00 · 0% · 8 · 15% · +0

Inspect how advances, work stages and retention change cash received in each period. €100000.00 · 0% · 8 · 15% · +0

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: 8; Retention on work after advance, %: 15; Periods after completion until release: 0

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€12 500.00€1 875.00€10 625.00€10 625.00€89 375.00
2€12 500.00€1 875.00€10 625.00€21 250.00€78 750.00
3€12 500.00€1 875.00€10 625.00€31 875.00€68 125.00
4€12 500.00€1 875.00€10 625.00€42 500.00€57 500.00
5€12 500.00€1 875.00€10 625.00€53 125.00€46 875.00
6€12 500.00€1 875.00€10 625.00€63 750.00€36 250.00
7€12 500.00€1 875.00€10 625.00€74 375.00€25 625.00
8€12 500.00€1 875.00€10 625.00€85 000.00€15 000.00
8€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% · 8 · 15% · +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.