SEVODOC

Milestones, advance and retention · €25000.00 · 50% · 12 · 5% · +0

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 50% · 12 · 5% · +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€625.00

Initial example inputs: Initial amount, EUR: 25000.00; Advance from price, %: 50; Number of work stages: 12; Retention on work after advance, %: 5; Periods after completion until release: 0

Change the example inputs

Total agreed price€25 000.00
Advance€12 500.00
Total retained until release€625.00

Advance + Stage work value = €25000.00

€12500.00 × 5% → €625.00

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€52.08€989.58€13 489.58€11 510.42
2€1 041.66€52.08€989.58€14 479.16€10 520.84
3€1 041.66€52.08€989.58€15 468.74€9 531.26
4€1 041.66€52.08€989.58€16 458.32€8 541.68
5€1 041.66€52.08€989.58€17 447.90€7 552.10
6€1 041.66€52.08€989.58€18 437.48€6 562.52
7€1 041.66€52.08€989.58€19 427.06€5 572.94
8€1 041.66€52.08€989.58€20 416.64€4 583.36
9€1 041.66€52.08€989.58€21 406.22€3 593.78
10€1 041.66€52.08€989.58€22 395.80€2 604.20
11€1 041.66€52.08€989.58€23 385.38€1 614.62
12€1 041.74€52.12€989.62€24 375.00€625.00
12€0.00-€625.00€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

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 · 5% · +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.