SEVODOC

Milestones, advance and retention · €12500.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 50% · 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€6250.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 12500.00; Advance from price, %: 50; 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€6 250.00
Total retained until release€0.00

Advance + Stage work value = €12500.00

€6250.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€6 250.00€6 250.00€6 250.00
1€520.83€0.00€520.83€6 770.83€5 729.17
2€520.83€0.00€520.83€7 291.66€5 208.34
3€520.83€0.00€520.83€7 812.49€4 687.51
4€520.83€0.00€520.83€8 333.32€4 166.68
5€520.83€0.00€520.83€8 854.15€3 645.85
6€520.83€0.00€520.83€9 374.98€3 125.02
7€520.83€0.00€520.83€9 895.81€2 604.19
8€520.83€0.00€520.83€10 416.64€2 083.36
9€520.83€0.00€520.83€10 937.47€1 562.53
10€520.83€0.00€520.83€11 458.30€1 041.70
11€520.83€0.00€520.83€11 979.13€520.87
12€520.87€0.00€520.87€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 · 50% · 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.