SEVODOC

Milestones, advance and retention · €4000.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €4000.00 · 50% · 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€2000.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 4000.00; Advance from price, %: 50; 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€2 000.00
Total retained until release€0.00

Advance + Stage work value = €4000.00

€2000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€2 000.00€2 000.00€2 000.00
1€166.66€0.00€166.66€2 166.66€1 833.34
2€166.66€0.00€166.66€2 333.32€1 666.68
3€166.66€0.00€166.66€2 499.98€1 500.02
4€166.66€0.00€166.66€2 666.64€1 333.36
5€166.66€0.00€166.66€2 833.30€1 166.70
6€166.66€0.00€166.66€2 999.96€1 000.04
7€166.66€0.00€166.66€3 166.62€833.38
8€166.66€0.00€166.66€3 333.28€666.72
9€166.66€0.00€166.66€3 499.94€500.06
10€166.66€0.00€166.66€3 666.60€333.40
11€166.66€0.00€166.66€3 833.26€166.74
12€166.74€0.00€166.74€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 · 50% · 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.