SEVODOC

Milestones, advance and retention · €25000.00 · 50% · 8 · 10% · +6

Inspect how advances, work stages and retention change cash received in each period. €25000.00 · 50% · 8 · 10% · +6

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: 8; Retention on work after advance, %: 10; Periods after completion until release: 6

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€1 562.50€156.25€1 406.25€13 906.25€11 093.75
2€1 562.50€156.25€1 406.25€15 312.50€9 687.50
3€1 562.50€156.25€1 406.25€16 718.75€8 281.25
4€1 562.50€156.25€1 406.25€18 125.00€6 875.00
5€1 562.50€156.25€1 406.25€19 531.25€5 468.75
6€1 562.50€156.25€1 406.25€20 937.50€4 062.50
7€1 562.50€156.25€1 406.25€22 343.75€2 656.25
8€1 562.50€156.25€1 406.25€23 750.00€1 250.00
14€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

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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 · 50% · 8 · 10% · +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.