SEVODOC

Milestones, advance and retention · €12500.00 · 50% · 8 · 5% · +0

Inspect how advances, work stages and retention change cash received in each period. €12500.00 · 50% · 8 · 5% · +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€312.50

Initial example inputs: Initial amount, EUR: 12500.00; Advance from price, %: 50; Number of work stages: 8; Retention on work after advance, %: 5; Periods after completion until release: 0

Change the example inputs

Total agreed price€12 500.00
Advance€6 250.00
Total retained until release€312.50

Advance + Stage work value = €12500.00

€6250.00 × 5% → €312.50

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€39.06€742.19€6 992.19€5 507.81
2€781.25€39.06€742.19€7 734.38€4 765.62
3€781.25€39.06€742.19€8 476.57€4 023.43
4€781.25€39.06€742.19€9 218.76€3 281.24
5€781.25€39.06€742.19€9 960.95€2 539.05
6€781.25€39.06€742.19€10 703.14€1 796.86
7€781.25€39.06€742.19€11 445.33€1 054.67
8€781.25€39.08€742.17€12 187.50€312.50
8€0.00-€312.50€312.50€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 · 50% · 8 · 5% · +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.