SEVODOC

Milestones, advance and retention · €12500.00 · 50% · 8 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 50% · 8 · 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: 8; 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€781.25€0.00€781.25€7 031.25€5 468.75
2€781.25€0.00€781.25€7 812.50€4 687.50
3€781.25€0.00€781.25€8 593.75€3 906.25
4€781.25€0.00€781.25€9 375.00€3 125.00
5€781.25€0.00€781.25€10 156.25€2 343.75
6€781.25€0.00€781.25€10 937.50€1 562.50
7€781.25€0.00€781.25€11 718.75€781.25
8€781.25€0.00€781.25€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% · 8 · 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.