SEVODOC

Milestones, advance and retention · €15000.00 · 30% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €15000.00 · 30% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€15000.00
Advance€4500.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 15000.00; 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€15 000.00
Advance€4 500.00
Total retained until release€0.00

Advance + Stage work value = €15000.00

€10500.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€4 500.00€4 500.00€10 500.00
1€875.00€0.00€875.00€5 375.00€9 625.00
2€875.00€0.00€875.00€6 250.00€8 750.00
3€875.00€0.00€875.00€7 125.00€7 875.00
4€875.00€0.00€875.00€8 000.00€7 000.00
5€875.00€0.00€875.00€8 875.00€6 125.00
6€875.00€0.00€875.00€9 750.00€5 250.00
7€875.00€0.00€875.00€10 625.00€4 375.00
8€875.00€0.00€875.00€11 500.00€3 500.00
9€875.00€0.00€875.00€12 375.00€2 625.00
10€875.00€0.00€875.00€13 250.00€1 750.00
11€875.00€0.00€875.00€14 125.00€875.00
12€875.00€0.00€875.00€15 000.00€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. €15000.00 · 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.