SEVODOC

Milestones, advance and retention · €2500.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €2500.00 · 50% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€2500.00
Advance€1250.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 2500.00; Advance from price, %: 50; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€2 500.00
Advance€1 250.00
Total retained until release€0.00

Advance + Stage work value = €2500.00

€1250.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€1 250.00€1 250.00€1 250.00
1€104.16€0.00€104.16€1 354.16€1 145.84
2€104.16€0.00€104.16€1 458.32€1 041.68
3€104.16€0.00€104.16€1 562.48€937.52
4€104.16€0.00€104.16€1 666.64€833.36
5€104.16€0.00€104.16€1 770.80€729.20
6€104.16€0.00€104.16€1 874.96€625.04
7€104.16€0.00€104.16€1 979.12€520.88
8€104.16€0.00€104.16€2 083.28€416.72
9€104.16€0.00€104.16€2 187.44€312.56
10€104.16€0.00€104.16€2 291.60€208.40
11€104.16€0.00€104.16€2 395.76€104.24
12€104.24€0.00€104.24€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 · 50% · 12 · 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.