SEVODOC

Milestones, advance and retention · €2500.00 · 10% · 8 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €2500.00 · 10% · 8 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€2500.00
Advance€250.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 2500.00; Advance from price, %: 10; Number of work stages: 8; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€2 500.00
Advance€250.00
Total retained until release€0.00

Advance + Stage work value = €2500.00

€2250.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€250.00€250.00€2 250.00
1€281.25€0.00€281.25€531.25€1 968.75
2€281.25€0.00€281.25€812.50€1 687.50
3€281.25€0.00€281.25€1 093.75€1 406.25
4€281.25€0.00€281.25€1 375.00€1 125.00
5€281.25€0.00€281.25€1 656.25€843.75
6€281.25€0.00€281.25€1 937.50€562.50
7€281.25€0.00€281.25€2 218.75€281.25
8€281.25€0.00€281.25€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

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. €2500.00 · 10% · 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.