SEVODOC

Milestones, advance and retention · €25000.00 · 10% · 12 · 15% · +6

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 10% · 12 · 15% · +6

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€25000.00
Advance€2500.00
Total retained until release€3375.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 10; Number of work stages: 12; Retention on work after advance, %: 15; Periods after completion until release: 6

Change the example inputs

Total agreed price€25 000.00
Advance€2 500.00
Total retained until release€3 375.00

Advance + Stage work value = €25000.00

€22500.00 × 15% → €3375.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€2 500.00€2 500.00€22 500.00
1€1 875.00€281.25€1 593.75€4 093.75€20 906.25
2€1 875.00€281.25€1 593.75€5 687.50€19 312.50
3€1 875.00€281.25€1 593.75€7 281.25€17 718.75
4€1 875.00€281.25€1 593.75€8 875.00€16 125.00
5€1 875.00€281.25€1 593.75€10 468.75€14 531.25
6€1 875.00€281.25€1 593.75€12 062.50€12 937.50
7€1 875.00€281.25€1 593.75€13 656.25€11 343.75
8€1 875.00€281.25€1 593.75€15 250.00€9 750.00
9€1 875.00€281.25€1 593.75€16 843.75€8 156.25
10€1 875.00€281.25€1 593.75€18 437.50€6 562.50
11€1 875.00€281.25€1 593.75€20 031.25€4 968.75
12€1 875.00€281.25€1 593.75€21 625.00€3 375.00
18€0.00-€3 375.00€3 375.00€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 · 10% · 12 · 15% · +6

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.