SEVODOC

Milestones, advance and retention · €12500.00 · 30% · 8 · 5% · +1

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 30% · 8 · 5% · +1

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€437.50

Initial example inputs: Initial amount, EUR: 12500.00; Advance from price, %: 30; Number of work stages: 8; Retention on work after advance, %: 5; Periods after completion until release: 1

Change the example inputs

Total agreed price€12 500.00
Advance€3 750.00
Total retained until release€437.50

Advance + Stage work value = €12500.00

€8750.00 × 5% → €437.50

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€1 093.75€54.68€1 039.07€4 789.07€7 710.93
2€1 093.75€54.68€1 039.07€5 828.14€6 671.86
3€1 093.75€54.68€1 039.07€6 867.21€5 632.79
4€1 093.75€54.68€1 039.07€7 906.28€4 593.72
5€1 093.75€54.68€1 039.07€8 945.35€3 554.65
6€1 093.75€54.68€1 039.07€9 984.42€2 515.58
7€1 093.75€54.68€1 039.07€11 023.49€1 476.51
8€1 093.75€54.74€1 039.01€12 062.50€437.50
9€0.00-€437.50€437.50€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

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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% · 8 · 5% · +1

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.