SEVODOC

Milestones, advance and retention · €3000.00 · 10% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €3000.00 · 10% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€3000.00
Advance€300.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 3000.00; Advance from price, %: 10; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€3 000.00
Advance€300.00
Total retained until release€0.00

Advance + Stage work value = €3000.00

€2700.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€300.00€300.00€2 700.00
1€225.00€0.00€225.00€525.00€2 475.00
2€225.00€0.00€225.00€750.00€2 250.00
3€225.00€0.00€225.00€975.00€2 025.00
4€225.00€0.00€225.00€1 200.00€1 800.00
5€225.00€0.00€225.00€1 425.00€1 575.00
6€225.00€0.00€225.00€1 650.00€1 350.00
7€225.00€0.00€225.00€1 875.00€1 125.00
8€225.00€0.00€225.00€2 100.00€900.00
9€225.00€0.00€225.00€2 325.00€675.00
10€225.00€0.00€225.00€2 550.00€450.00
11€225.00€0.00€225.00€2 775.00€225.00
12€225.00€0.00€225.00€3 000.00€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. €3000.00 · 10% · 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.