SEVODOC

Milestones, advance and retention · €12500.00 · 20% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 20% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€12500.00
Advance€2500.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 12500.00; Advance from price, %: 20; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€12 500.00
Advance€2 500.00
Total retained until release€0.00

Advance + Stage work value = €12500.00

€10000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€2 500.00€2 500.00€10 000.00
1€833.33€0.00€833.33€3 333.33€9 166.67
2€833.33€0.00€833.33€4 166.66€8 333.34
3€833.33€0.00€833.33€4 999.99€7 500.01
4€833.33€0.00€833.33€5 833.32€6 666.68
5€833.33€0.00€833.33€6 666.65€5 833.35
6€833.33€0.00€833.33€7 499.98€5 000.02
7€833.33€0.00€833.33€8 333.31€4 166.69
8€833.33€0.00€833.33€9 166.64€3 333.36
9€833.33€0.00€833.33€9 999.97€2 500.03
10€833.33€0.00€833.33€10 833.30€1 666.70
11€833.33€0.00€833.33€11 666.63€833.37
12€833.37€0.00€833.37€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 · 20% · 12 · 0% · +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.