SEVODOC

Milestones, advance and retention · €25000.00 · 30% · 12 · 10% · +3

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 30% · 12 · 10% · +3

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€1750.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 30; Number of work stages: 12; Retention on work after advance, %: 10; Periods after completion until release: 3

Change the example inputs

Total agreed price€25 000.00
Advance€7 500.00
Total retained until release€1 750.00

Advance + Stage work value = €25000.00

€17500.00 × 10% → €1750.00

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€145.83€1 312.50€8 812.50€16 187.50
2€1 458.33€145.83€1 312.50€10 125.00€14 875.00
3€1 458.33€145.83€1 312.50€11 437.50€13 562.50
4€1 458.33€145.83€1 312.50€12 750.00€12 250.00
5€1 458.33€145.83€1 312.50€14 062.50€10 937.50
6€1 458.33€145.83€1 312.50€15 375.00€9 625.00
7€1 458.33€145.83€1 312.50€16 687.50€8 312.50
8€1 458.33€145.83€1 312.50€18 000.00€7 000.00
9€1 458.33€145.83€1 312.50€19 312.50€5 687.50
10€1 458.33€145.83€1 312.50€20 625.00€4 375.00
11€1 458.33€145.83€1 312.50€21 937.50€3 062.50
12€1 458.37€145.87€1 312.50€23 250.00€1 750.00
15€0.00-€1 750.00€1 750.00€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 · 30% · 12 · 10% · +3

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.