SEVODOC

Milestones, advance and retention · €25000.00 · 30% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 30% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€25000.00
Advance€7500.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 30; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€25 000.00
Advance€7 500.00
Total retained until release€0.00

Advance + Stage work value = €25000.00

€17500.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€7 500.00€7 500.00€17 500.00
1€1 458.33€0.00€1 458.33€8 958.33€16 041.67
2€1 458.33€0.00€1 458.33€10 416.66€14 583.34
3€1 458.33€0.00€1 458.33€11 874.99€13 125.01
4€1 458.33€0.00€1 458.33€13 333.32€11 666.68
5€1 458.33€0.00€1 458.33€14 791.65€10 208.35
6€1 458.33€0.00€1 458.33€16 249.98€8 750.02
7€1 458.33€0.00€1 458.33€17 708.31€7 291.69
8€1 458.33€0.00€1 458.33€19 166.64€5 833.36
9€1 458.33€0.00€1 458.33€20 624.97€4 375.03
10€1 458.33€0.00€1 458.33€22 083.30€2 916.70
11€1 458.33€0.00€1 458.33€23 541.63€1 458.37
12€1 458.37€0.00€1 458.37€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 · 30% · 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.