SEVODOC

Milestones, advance and retention · €2000.00 · 30% · 8 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €2000.00 · 30% · 8 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€2000.00
Advance€600.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 2000.00; Advance from price, %: 30; Number of work stages: 8; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€2 000.00
Advance€600.00
Total retained until release€0.00

Advance + Stage work value = €2000.00

€1400.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€600.00€600.00€1 400.00
1€175.00€0.00€175.00€775.00€1 225.00
2€175.00€0.00€175.00€950.00€1 050.00
3€175.00€0.00€175.00€1 125.00€875.00
4€175.00€0.00€175.00€1 300.00€700.00
5€175.00€0.00€175.00€1 475.00€525.00
6€175.00€0.00€175.00€1 650.00€350.00
7€175.00€0.00€175.00€1 825.00€175.00
8€175.00€0.00€175.00€2 000.00€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. €2000.00 · 30% · 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.