SEVODOC

Milestones, advance and retention · €25000.00 · 50% · 12 · 10% · +3

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 50% · 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€12500.00
Total retained until release€1250.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 50; 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€12 500.00
Total retained until release€1 250.00

Advance + Stage work value = €25000.00

€12500.00 × 10% → €1250.00

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€104.16€937.50€13 437.50€11 562.50
2€1 041.66€104.16€937.50€14 375.00€10 625.00
3€1 041.66€104.16€937.50€15 312.50€9 687.50
4€1 041.66€104.16€937.50€16 250.00€8 750.00
5€1 041.66€104.16€937.50€17 187.50€7 812.50
6€1 041.66€104.16€937.50€18 125.00€6 875.00
7€1 041.66€104.16€937.50€19 062.50€5 937.50
8€1 041.66€104.16€937.50€20 000.00€5 000.00
9€1 041.66€104.16€937.50€20 937.50€4 062.50
10€1 041.66€104.16€937.50€21 875.00€3 125.00
11€1 041.66€104.16€937.50€22 812.50€2 187.50
12€1 041.74€104.24€937.50€23 750.00€1 250.00
15€0.00-€1 250.00€1 250.00€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 · 50% · 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.