SEVODOC

Milestones, advance and retention · €2500.00 · 30% · 6 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €2500.00 · 30% · 6 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€2500.00
Advance€750.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 2500.00; Advance from price, %: 30; Number of work stages: 6; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€2 500.00
Advance€750.00
Total retained until release€0.00

Advance + Stage work value = €2500.00

€1750.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€750.00€750.00€1 750.00
1€291.66€0.00€291.66€1 041.66€1 458.34
2€291.66€0.00€291.66€1 333.32€1 166.68
3€291.66€0.00€291.66€1 624.98€875.02
4€291.66€0.00€291.66€1 916.64€583.36
5€291.66€0.00€291.66€2 208.30€291.70
6€291.70€0.00€291.70€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 · 30% · 6 · 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.