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Milestones, advance and retention · €2000.00 · 30% · 8 · 5% · +0

Inspect how advances, work stages and retention change cash received in each period. €2000.00 · 30% · 8 · 5% · +0

Change the example inputs

Total agreed price€2 000.00
Advance€600.00
Total retained until release€70.00

Advance + Stage work value = €2000.00

€1400.00 × 5% → €70.00

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€8.75€166.25€766.25€1 233.75
2€175.00€8.75€166.25€932.50€1 067.50
3€175.00€8.75€166.25€1 098.75€901.25
4€175.00€8.75€166.25€1 265.00€735.00
5€175.00€8.75€166.25€1 431.25€568.75
6€175.00€8.75€166.25€1 597.50€402.50
7€175.00€8.75€166.25€1 763.75€236.25
8€175.00€8.75€166.25€1 930.00€70.00
8€0.00-€70.00€70.00€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

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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. €2000.00 · 30% · 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.