SEVODOC

Milestones, advance and retention · €4000.00 · 30% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €4000.00 · 30% · 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€1200.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 4000.00; 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€4 000.00
Advance€1 200.00
Total retained until release€0.00

Advance + Stage work value = €4000.00

€2800.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€1 200.00€1 200.00€2 800.00
1€233.33€0.00€233.33€1 433.33€2 566.67
2€233.33€0.00€233.33€1 666.66€2 333.34
3€233.33€0.00€233.33€1 899.99€2 100.01
4€233.33€0.00€233.33€2 133.32€1 866.68
5€233.33€0.00€233.33€2 366.65€1 633.35
6€233.33€0.00€233.33€2 599.98€1 400.02
7€233.33€0.00€233.33€2 833.31€1 166.69
8€233.33€0.00€233.33€3 066.64€933.36
9€233.33€0.00€233.33€3 299.97€700.03
10€233.33€0.00€233.33€3 533.30€466.70
11€233.33€0.00€233.33€3 766.63€233.37
12€233.37€0.00€233.37€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 · 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.