SEVODOC

Milestones, advance and retention · €12500.00 · 10% · 4 · 5% · +0

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 10% · 4 · 5% · +0

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: 4; Retention on work after advance, %: 5; Periods after completion until release: 0

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€2 812.50€140.62€2 671.88€3 921.88€8 578.12
2€2 812.50€140.62€2 671.88€6 593.76€5 906.24
3€2 812.50€140.62€2 671.88€9 265.64€3 234.36
4€2 812.50€140.64€2 671.86€11 937.50€562.50
4€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% · 4 · 5% · +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.