SEVODOC

Milestones, advance and retention · €25000.00 · 50% · 8 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 50% · 8 · 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: 8; 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€1 562.50€0.00€1 562.50€14 062.50€10 937.50
2€1 562.50€0.00€1 562.50€15 625.00€9 375.00
3€1 562.50€0.00€1 562.50€17 187.50€7 812.50
4€1 562.50€0.00€1 562.50€18 750.00€6 250.00
5€1 562.50€0.00€1 562.50€20 312.50€4 687.50
6€1 562.50€0.00€1 562.50€21 875.00€3 125.00
7€1 562.50€0.00€1 562.50€23 437.50€1 562.50
8€1 562.50€0.00€1 562.50€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% · 8 · 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.