SEVODOC

Milestones, advance and retention · €30000.00 · 0% · 12 · 5% · +0

Inspect how advances, work stages and retention change cash received in each period. €30000.00 · 0% · 12 · 5% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€30000.00
Advance€0.00
Total retained until release€1500.00

Initial example inputs: Initial amount, EUR: 30000.00; Advance from price, %: 0; Number of work stages: 12; Retention on work after advance, %: 5; Periods after completion until release: 0

Change the example inputs

Total agreed price€30 000.00
Advance€0.00
Total retained until release€1 500.00

Advance + Stage work value = €30000.00

€30000.00 × 5% → €1500.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€30 000.00
1€2 500.00€125.00€2 375.00€2 375.00€27 625.00
2€2 500.00€125.00€2 375.00€4 750.00€25 250.00
3€2 500.00€125.00€2 375.00€7 125.00€22 875.00
4€2 500.00€125.00€2 375.00€9 500.00€20 500.00
5€2 500.00€125.00€2 375.00€11 875.00€18 125.00
6€2 500.00€125.00€2 375.00€14 250.00€15 750.00
7€2 500.00€125.00€2 375.00€16 625.00€13 375.00
8€2 500.00€125.00€2 375.00€19 000.00€11 000.00
9€2 500.00€125.00€2 375.00€21 375.00€8 625.00
10€2 500.00€125.00€2 375.00€23 750.00€6 250.00
11€2 500.00€125.00€2 375.00€26 125.00€3 875.00
12€2 500.00€125.00€2 375.00€28 500.00€1 500.00
12€0.00-€1 500.00€1 500.00€30 000.00€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. €30000.00 · 0% · 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.