SEVODOC

Milestones, advance and retention · €25000.00 · 30% · 8 · 15% · +6

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 30% · 8 · 15% · +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€2625.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 30; Number of work stages: 8; Retention on work after advance, %: 15; Periods after completion until release: 6

Change the example inputs

Total agreed price€25 000.00
Advance€7 500.00
Total retained until release€2 625.00

Advance + Stage work value = €25000.00

€17500.00 × 15% → €2625.00

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€2 187.50€328.12€1 859.38€9 359.38€15 640.62
2€2 187.50€328.12€1 859.38€11 218.76€13 781.24
3€2 187.50€328.12€1 859.38€13 078.14€11 921.86
4€2 187.50€328.12€1 859.38€14 937.52€10 062.48
5€2 187.50€328.12€1 859.38€16 796.90€8 203.10
6€2 187.50€328.12€1 859.38€18 656.28€6 343.72
7€2 187.50€328.12€1 859.38€20 515.66€4 484.34
8€2 187.50€328.16€1 859.34€22 375.00€2 625.00
14€0.00-€2 625.00€2 625.00€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

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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% · 8 · 15% · +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.