SEVODOC

Milestones, advance and retention · €30000.00 · 30% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €30000.00 · 30% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€30000.00
Advance€9000.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 30000.00; Advance from price, %: 30; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€30 000.00
Advance€9 000.00
Total retained until release€0.00

Advance + Stage work value = €30000.00

€21000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€9 000.00€9 000.00€21 000.00
1€1 750.00€0.00€1 750.00€10 750.00€19 250.00
2€1 750.00€0.00€1 750.00€12 500.00€17 500.00
3€1 750.00€0.00€1 750.00€14 250.00€15 750.00
4€1 750.00€0.00€1 750.00€16 000.00€14 000.00
5€1 750.00€0.00€1 750.00€17 750.00€12 250.00
6€1 750.00€0.00€1 750.00€19 500.00€10 500.00
7€1 750.00€0.00€1 750.00€21 250.00€8 750.00
8€1 750.00€0.00€1 750.00€23 000.00€7 000.00
9€1 750.00€0.00€1 750.00€24 750.00€5 250.00
10€1 750.00€0.00€1 750.00€26 500.00€3 500.00
11€1 750.00€0.00€1 750.00€28 250.00€1 750.00
12€1 750.00€0.00€1 750.00€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 · 30% · 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.