SEVODOC

Milestones, advance and retention · €4000.00 · 20% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €4000.00 · 20% · 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€800.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 4000.00; Advance from price, %: 20; 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€800.00
Total retained until release€0.00

Advance + Stage work value = €4000.00

€3200.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€800.00€800.00€3 200.00
1€266.66€0.00€266.66€1 066.66€2 933.34
2€266.66€0.00€266.66€1 333.32€2 666.68
3€266.66€0.00€266.66€1 599.98€2 400.02
4€266.66€0.00€266.66€1 866.64€2 133.36
5€266.66€0.00€266.66€2 133.30€1 866.70
6€266.66€0.00€266.66€2 399.96€1 600.04
7€266.66€0.00€266.66€2 666.62€1 333.38
8€266.66€0.00€266.66€2 933.28€1 066.72
9€266.66€0.00€266.66€3 199.94€800.06
10€266.66€0.00€266.66€3 466.60€533.40
11€266.66€0.00€266.66€3 733.26€266.74
12€266.74€0.00€266.74€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 · 20% · 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.