SEVODOC

Milestones, advance and retention · €12500.00 · 30% · 4 · 10% · +3

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 30% · 4 · 10% · +3

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€12500.00
Advance€3750.00
Total retained until release€875.00

Initial example inputs: Initial amount, EUR: 12500.00; Advance from price, %: 30; Number of work stages: 4; Retention on work after advance, %: 10; Periods after completion until release: 3

Change the example inputs

Total agreed price€12 500.00
Advance€3 750.00
Total retained until release€875.00

Advance + Stage work value = €12500.00

€8750.00 × 10% → €875.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€3 750.00€3 750.00€8 750.00
1€2 187.50€218.75€1 968.75€5 718.75€6 781.25
2€2 187.50€218.75€1 968.75€7 687.50€4 812.50
3€2 187.50€218.75€1 968.75€9 656.25€2 843.75
4€2 187.50€218.75€1 968.75€11 625.00€875.00
7€0.00-€875.00€875.00€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 · 30% · 4 · 10% · +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.