SEVODOC

Milestones, advance and retention · €25000.00 · 30% · 4 · 5% · +3

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 30% · 4 · 5% · +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€875.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 30; Number of work stages: 4; Retention on work after advance, %: 5; Periods after completion until release: 3

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€4 375.00€218.75€4 156.25€11 656.25€13 343.75
2€4 375.00€218.75€4 156.25€15 812.50€9 187.50
3€4 375.00€218.75€4 156.25€19 968.75€5 031.25
4€4 375.00€218.75€4 156.25€24 125.00€875.00
7€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% · 4 · 5% · +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.