SEVODOC

Milestones, advance and retention · €50000.00 · 30% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €50000.00 · 30% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€50000.00
Advance€15000.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 50000.00; Advance from price, %: 30; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€50 000.00
Advance€15 000.00
Total retained until release€0.00

Advance + Stage work value = €50000.00

€35000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€15 000.00€15 000.00€35 000.00
1€2 916.66€0.00€2 916.66€17 916.66€32 083.34
2€2 916.66€0.00€2 916.66€20 833.32€29 166.68
3€2 916.66€0.00€2 916.66€23 749.98€26 250.02
4€2 916.66€0.00€2 916.66€26 666.64€23 333.36
5€2 916.66€0.00€2 916.66€29 583.30€20 416.70
6€2 916.66€0.00€2 916.66€32 499.96€17 500.04
7€2 916.66€0.00€2 916.66€35 416.62€14 583.38
8€2 916.66€0.00€2 916.66€38 333.28€11 666.72
9€2 916.66€0.00€2 916.66€41 249.94€8 750.06
10€2 916.66€0.00€2 916.66€44 166.60€5 833.40
11€2 916.66€0.00€2 916.66€47 083.26€2 916.74
12€2 916.74€0.00€2 916.74€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 · 30% · 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.