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Milestones, advance and retention · €500.00 · 30% · 4 · 10% · +6

Inspect how advances, work stages and retention change cash received in each period. €500.00 · 30% · 4 · 10% · +6

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€500.00
Advance€150.00
Total retained until release€35.00

Initial example inputs: Initial amount, EUR: 500.00; Advance from price, %: 30; Number of work stages: 4; Retention on work after advance, %: 10; Periods after completion until release: 6

Change the example inputs

Total agreed price€500.00
Advance€150.00
Total retained until release€35.00

Advance + Stage work value = €500.00

€350.00 × 10% → €35.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€150.00€150.00€350.00
1€87.50€8.75€78.75€228.75€271.25
2€87.50€8.75€78.75€307.50€192.50
3€87.50€8.75€78.75€386.25€113.75
4€87.50€8.75€78.75€465.00€35.00
10€0.00-€35.00€35.00€500.00€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. €500.00 · 30% · 4 · 10% · +6

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.