SEVODOC

Milestones, advance and retention · €12500.00 · 50% · 12 · 10% · +6

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 50% · 12 · 10% · +6

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€625.00

Initial example inputs: Initial amount, EUR: 12500.00; Advance from price, %: 50; Number of work stages: 12; Retention on work after advance, %: 10; Periods after completion until release: 6

Change the example inputs

Total agreed price€12 500.00
Advance€6 250.00
Total retained until release€625.00

Advance + Stage work value = €12500.00

€6250.00 × 10% → €625.00

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€52.08€468.75€6 718.75€5 781.25
2€520.83€52.08€468.75€7 187.50€5 312.50
3€520.83€52.08€468.75€7 656.25€4 843.75
4€520.83€52.08€468.75€8 125.00€4 375.00
5€520.83€52.08€468.75€8 593.75€3 906.25
6€520.83€52.08€468.75€9 062.50€3 437.50
7€520.83€52.08€468.75€9 531.25€2 968.75
8€520.83€52.08€468.75€10 000.00€2 500.00
9€520.83€52.08€468.75€10 468.75€2 031.25
10€520.83€52.08€468.75€10 937.50€1 562.50
11€520.83€52.08€468.75€11 406.25€1 093.75
12€520.87€52.12€468.75€11 875.00€625.00
18€0.00-€625.00€625.00€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 · 50% · 12 · 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.