SEVODOC

Milestones, advance and retention · €4000.00 · 0% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €4000.00 · 0% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€4000.00
Advance€0.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 4000.00; Advance from price, %: 0; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€4 000.00
Advance€0.00
Total retained until release€0.00

Advance + Stage work value = €4000.00

€4000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€4 000.00
1€333.33€0.00€333.33€333.33€3 666.67
2€333.33€0.00€333.33€666.66€3 333.34
3€333.33€0.00€333.33€999.99€3 000.01
4€333.33€0.00€333.33€1 333.32€2 666.68
5€333.33€0.00€333.33€1 666.65€2 333.35
6€333.33€0.00€333.33€1 999.98€2 000.02
7€333.33€0.00€333.33€2 333.31€1 666.69
8€333.33€0.00€333.33€2 666.64€1 333.36
9€333.33€0.00€333.33€2 999.97€1 000.03
10€333.33€0.00€333.33€3 333.30€666.70
11€333.33€0.00€333.33€3 666.63€333.37
12€333.37€0.00€333.37€4 000.00€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. €4000.00 · 0% · 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.