SEVODOC

Milestones, advance and retention · €25000.00 · 10% · 8 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 10% · 8 · 0% · +0

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€0.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 10; Number of work stages: 8; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€25 000.00
Advance€2 500.00
Total retained until release€0.00

Advance + Stage work value = €25000.00

€22500.00 × 0% → €0.00

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€2 812.50€0.00€2 812.50€5 312.50€19 687.50
2€2 812.50€0.00€2 812.50€8 125.00€16 875.00
3€2 812.50€0.00€2 812.50€10 937.50€14 062.50
4€2 812.50€0.00€2 812.50€13 750.00€11 250.00
5€2 812.50€0.00€2 812.50€16 562.50€8 437.50
6€2 812.50€0.00€2 812.50€19 375.00€5 625.00
7€2 812.50€0.00€2 812.50€22 187.50€2 812.50
8€2 812.50€0.00€2 812.50€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% · 8 · 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.