SEVODOC

Milestones, advance and retention · €5000.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €5000.00 · 50% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€5000.00
Advance€2500.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 5000.00; 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€5 000.00
Advance€2 500.00
Total retained until release€0.00

Advance + Stage work value = €5000.00

€2500.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€2 500.00€2 500.00€2 500.00
1€208.33€0.00€208.33€2 708.33€2 291.67
2€208.33€0.00€208.33€2 916.66€2 083.34
3€208.33€0.00€208.33€3 124.99€1 875.01
4€208.33€0.00€208.33€3 333.32€1 666.68
5€208.33€0.00€208.33€3 541.65€1 458.35
6€208.33€0.00€208.33€3 749.98€1 250.02
7€208.33€0.00€208.33€3 958.31€1 041.69
8€208.33€0.00€208.33€4 166.64€833.36
9€208.33€0.00€208.33€4 374.97€625.03
10€208.33€0.00€208.33€4 583.30€416.70
11€208.33€0.00€208.33€4 791.63€208.37
12€208.37€0.00€208.37€5 000.00€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. €5000.00 · 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.