SEVODOC

Milestones, advance and retention · €2500.00 · 0% · 12 · 5% · +1

Inspect how advances, work stages and retention change cash received in each period. €2500.00 · 0% · 12 · 5% · +1

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€2500.00
Advance€0.00
Total retained until release€125.00

Initial example inputs: Initial amount, EUR: 2500.00; Advance from price, %: 0; Number of work stages: 12; Retention on work after advance, %: 5; Periods after completion until release: 1

Change the example inputs

Total agreed price€2 500.00
Advance€0.00
Total retained until release€125.00

Advance + Stage work value = €2500.00

€2500.00 × 5% → €125.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€2 500.00
1€208.33€10.41€197.92€197.92€2 302.08
2€208.33€10.41€197.92€395.84€2 104.16
3€208.33€10.41€197.92€593.76€1 906.24
4€208.33€10.41€197.92€791.68€1 708.32
5€208.33€10.41€197.92€989.60€1 510.40
6€208.33€10.41€197.92€1 187.52€1 312.48
7€208.33€10.41€197.92€1 385.44€1 114.56
8€208.33€10.41€197.92€1 583.36€916.64
9€208.33€10.41€197.92€1 781.28€718.72
10€208.33€10.41€197.92€1 979.20€520.80
11€208.33€10.41€197.92€2 177.12€322.88
12€208.37€10.49€197.88€2 375.00€125.00
13€0.00-€125.00€125.00€2 500.00€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. €2500.00 · 0% · 12 · 5% · +1

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.