SEVODOC

Milestones, advance and retention · €1500.00 · 30% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €1500.00 · 30% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€1500.00
Advance€450.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 1500.00; Advance from price, %: 30; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€1 500.00
Advance€450.00
Total retained until release€0.00

Advance + Stage work value = €1500.00

€1050.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€450.00€450.00€1 050.00
1€87.50€0.00€87.50€537.50€962.50
2€87.50€0.00€87.50€625.00€875.00
3€87.50€0.00€87.50€712.50€787.50
4€87.50€0.00€87.50€800.00€700.00
5€87.50€0.00€87.50€887.50€612.50
6€87.50€0.00€87.50€975.00€525.00
7€87.50€0.00€87.50€1 062.50€437.50
8€87.50€0.00€87.50€1 150.00€350.00
9€87.50€0.00€87.50€1 237.50€262.50
10€87.50€0.00€87.50€1 325.00€175.00
11€87.50€0.00€87.50€1 412.50€87.50
12€87.50€0.00€87.50€1 500.00€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. €1500.00 · 30% · 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.