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Milestones, advance and retention · €40000.00 · 20% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €40000.00 · 20% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€40000.00
Advance€8000.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 40000.00; 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€40 000.00
Advance€8 000.00
Total retained until release€0.00

Advance + Stage work value = €40000.00

€32000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€8 000.00€8 000.00€32 000.00
1€2 666.66€0.00€2 666.66€10 666.66€29 333.34
2€2 666.66€0.00€2 666.66€13 333.32€26 666.68
3€2 666.66€0.00€2 666.66€15 999.98€24 000.02
4€2 666.66€0.00€2 666.66€18 666.64€21 333.36
5€2 666.66€0.00€2 666.66€21 333.30€18 666.70
6€2 666.66€0.00€2 666.66€23 999.96€16 000.04
7€2 666.66€0.00€2 666.66€26 666.62€13 333.38
8€2 666.66€0.00€2 666.66€29 333.28€10 666.72
9€2 666.66€0.00€2 666.66€31 999.94€8 000.06
10€2 666.66€0.00€2 666.66€34 666.60€5 333.40
11€2 666.66€0.00€2 666.66€37 333.26€2 666.74
12€2 666.74€0.00€2 666.74€40 000.00€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. €40000.00 · 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.