SEVODOC

Milestones, advance and retention · €25000.00 · 0% · 12 · 15% · +0

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 0% · 12 · 15% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€25000.00
Advance€0.00
Total retained until release€3750.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 0; Number of work stages: 12; Retention on work after advance, %: 15; Periods after completion until release: 0

Change the example inputs

Total agreed price€25 000.00
Advance€0.00
Total retained until release€3 750.00

Advance + Stage work value = €25000.00

€25000.00 × 15% → €3750.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€25 000.00
1€2 083.33€312.49€1 770.84€1 770.84€23 229.16
2€2 083.33€312.49€1 770.84€3 541.68€21 458.32
3€2 083.33€312.49€1 770.84€5 312.52€19 687.48
4€2 083.33€312.49€1 770.84€7 083.36€17 916.64
5€2 083.33€312.49€1 770.84€8 854.20€16 145.80
6€2 083.33€312.49€1 770.84€10 625.04€14 374.96
7€2 083.33€312.49€1 770.84€12 395.88€12 604.12
8€2 083.33€312.49€1 770.84€14 166.72€10 833.28
9€2 083.33€312.49€1 770.84€15 937.56€9 062.44
10€2 083.33€312.49€1 770.84€17 708.40€7 291.60
11€2 083.33€312.49€1 770.84€19 479.24€5 520.76
12€2 083.37€312.61€1 770.76€21 250.00€3 750.00
12€0.00-€3 750.00€3 750.00€25 000.00€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. €25000.00 · 0% · 12 · 15% · +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.