SEVODOC

Milestones, advance and retention · €50000.00 · 0% · 6 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €50000.00 · 0% · 6 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€50000.00
Advance€0.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 50000.00; Advance from price, %: 0; Number of work stages: 6; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€50 000.00
Advance€0.00
Total retained until release€0.00

Advance + Stage work value = €50000.00

€50000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€50 000.00
1€8 333.33€0.00€8 333.33€8 333.33€41 666.67
2€8 333.33€0.00€8 333.33€16 666.66€33 333.34
3€8 333.33€0.00€8 333.33€24 999.99€25 000.01
4€8 333.33€0.00€8 333.33€33 333.32€16 666.68
5€8 333.33€0.00€8 333.33€41 666.65€8 333.35
6€8 333.35€0.00€8 333.35€50 000.00€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. €50000.00 · 0% · 6 · 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.