SEVODOC

Milestones, advance and retention · €12500.00 · 0% · 6 · 5% · +6

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 0% · 6 · 5% · +6

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€12500.00
Advance€0.00
Total retained until release€625.00

Initial example inputs: Initial amount, EUR: 12500.00; Advance from price, %: 0; Number of work stages: 6; Retention on work after advance, %: 5; Periods after completion until release: 6

Change the example inputs

Total agreed price€12 500.00
Advance€0.00
Total retained until release€625.00

Advance + Stage work value = €12500.00

€12500.00 × 5% → €625.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€12 500.00
1€2 083.33€104.16€1 979.17€1 979.17€10 520.83
2€2 083.33€104.16€1 979.17€3 958.34€8 541.66
3€2 083.33€104.16€1 979.17€5 937.51€6 562.49
4€2 083.33€104.16€1 979.17€7 916.68€4 583.32
5€2 083.33€104.16€1 979.17€9 895.85€2 604.15
6€2 083.35€104.20€1 979.15€11 875.00€625.00
12€0.00-€625.00€625.00€12 500.00€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. €12500.00 · 0% · 6 · 5% · +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.