SEVODOC

Milestones, advance and retention · €25000.00 · 0% · 8 · 5% · +0

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 0% · 8 · 5% · +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€1250.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 0; Number of work stages: 8; Retention on work after advance, %: 5; Periods after completion until release: 0

Change the example inputs

Total agreed price€25 000.00
Advance€0.00
Total retained until release€1 250.00

Advance + Stage work value = €25000.00

€25000.00 × 5% → €1250.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€25 000.00
1€3 125.00€156.25€2 968.75€2 968.75€22 031.25
2€3 125.00€156.25€2 968.75€5 937.50€19 062.50
3€3 125.00€156.25€2 968.75€8 906.25€16 093.75
4€3 125.00€156.25€2 968.75€11 875.00€13 125.00
5€3 125.00€156.25€2 968.75€14 843.75€10 156.25
6€3 125.00€156.25€2 968.75€17 812.50€7 187.50
7€3 125.00€156.25€2 968.75€20 781.25€4 218.75
8€3 125.00€156.25€2 968.75€23 750.00€1 250.00
8€0.00-€1 250.00€1 250.00€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% · 8 · 5% · +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.