SEVODOC

Milestones, advance and retention · €12500.00 · 10% · 12 · 5% · +6

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 10% · 12 · 5% · +6

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€12500.00
Advance€1250.00
Total retained until release€562.50

Initial example inputs: Initial amount, EUR: 12500.00; Advance from price, %: 10; Number of work stages: 12; Retention on work after advance, %: 5; Periods after completion until release: 6

Change the example inputs

Total agreed price€12 500.00
Advance€1 250.00
Total retained until release€562.50

Advance + Stage work value = €12500.00

€11250.00 × 5% → €562.50

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€1 250.00€1 250.00€11 250.00
1€937.50€46.87€890.63€2 140.63€10 359.37
2€937.50€46.87€890.63€3 031.26€9 468.74
3€937.50€46.87€890.63€3 921.89€8 578.11
4€937.50€46.87€890.63€4 812.52€7 687.48
5€937.50€46.87€890.63€5 703.15€6 796.85
6€937.50€46.87€890.63€6 593.78€5 906.22
7€937.50€46.87€890.63€7 484.41€5 015.59
8€937.50€46.87€890.63€8 375.04€4 124.96
9€937.50€46.87€890.63€9 265.67€3 234.33
10€937.50€46.87€890.63€10 156.30€2 343.70
11€937.50€46.87€890.63€11 046.93€1 453.07
12€937.50€46.93€890.57€11 937.50€562.50
18€0.00-€562.50€562.50€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 · 10% · 12 · 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.