SEVODOC

Milestones, advance and retention · €12500.00 · 30% · 6 · 10% · +6

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 30% · 6 · 10% · +6

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: 6; Retention on work after advance, %: 10; Periods after completion until release: 6

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€1 458.33€145.83€1 312.50€5 062.50€7 437.50
2€1 458.33€145.83€1 312.50€6 375.00€6 125.00
3€1 458.33€145.83€1 312.50€7 687.50€4 812.50
4€1 458.33€145.83€1 312.50€9 000.00€3 500.00
5€1 458.33€145.83€1 312.50€10 312.50€2 187.50
6€1 458.35€145.85€1 312.50€11 625.00€875.00
12€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

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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 · 30% · 6 · 10% · +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.