SEVODOC

Milestones, advance and retention · €25000.00 · 30% · 12 · 5% · +6

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 30% · 12 · 5% · +6

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€875.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 30; Number of work stages: 12; Retention on work after advance, %: 5; Periods after completion until release: 6

Change the example inputs

Total agreed price€25 000.00
Advance€7 500.00
Total retained until release€875.00

Advance + Stage work value = €25000.00

€17500.00 × 5% → €875.00

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€72.91€1 385.42€8 885.42€16 114.58
2€1 458.33€72.91€1 385.42€10 270.84€14 729.16
3€1 458.33€72.91€1 385.42€11 656.26€13 343.74
4€1 458.33€72.91€1 385.42€13 041.68€11 958.32
5€1 458.33€72.91€1 385.42€14 427.10€10 572.90
6€1 458.33€72.91€1 385.42€15 812.52€9 187.48
7€1 458.33€72.91€1 385.42€17 197.94€7 802.06
8€1 458.33€72.91€1 385.42€18 583.36€6 416.64
9€1 458.33€72.91€1 385.42€19 968.78€5 031.22
10€1 458.33€72.91€1 385.42€21 354.20€3 645.80
11€1 458.33€72.91€1 385.42€22 739.62€2 260.38
12€1 458.37€72.99€1 385.38€24 125.00€875.00
18€0.00-€875.00€875.00€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 · 5% · +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.