SEVODOC

Milestones, advance and retention · €12500.00 · 0% · 8 · 5% · +3

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 0% · 8 · 5% · +3

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: 8; Retention on work after advance, %: 5; Periods after completion until release: 3

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€1 562.50€78.12€1 484.38€1 484.38€11 015.62
2€1 562.50€78.12€1 484.38€2 968.76€9 531.24
3€1 562.50€78.12€1 484.38€4 453.14€8 046.86
4€1 562.50€78.12€1 484.38€5 937.52€6 562.48
5€1 562.50€78.12€1 484.38€7 421.90€5 078.10
6€1 562.50€78.12€1 484.38€8 906.28€3 593.72
7€1 562.50€78.12€1 484.38€10 390.66€2 109.34
8€1 562.50€78.16€1 484.34€11 875.00€625.00
11€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

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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. €12500.00 · 0% · 8 · 5% · +3

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.