SEVODOC

Milestones, advance and retention · €25000.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 50% · 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€12500.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 50; 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€12 500.00
Total retained until release€0.00

Advance + Stage work value = €25000.00

€12500.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€12 500.00€12 500.00€12 500.00
1€1 041.66€0.00€1 041.66€13 541.66€11 458.34
2€1 041.66€0.00€1 041.66€14 583.32€10 416.68
3€1 041.66€0.00€1 041.66€15 624.98€9 375.02
4€1 041.66€0.00€1 041.66€16 666.64€8 333.36
5€1 041.66€0.00€1 041.66€17 708.30€7 291.70
6€1 041.66€0.00€1 041.66€18 749.96€6 250.04
7€1 041.66€0.00€1 041.66€19 791.62€5 208.38
8€1 041.66€0.00€1 041.66€20 833.28€4 166.72
9€1 041.66€0.00€1 041.66€21 874.94€3 125.06
10€1 041.66€0.00€1 041.66€22 916.60€2 083.40
11€1 041.66€0.00€1 041.66€23 958.26€1 041.74
12€1 041.74€0.00€1 041.74€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 · 50% · 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.