SEVODOC

Milestones, advance and retention · €50000.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €50000.00 · 50% · 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€25000.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 50000.00; 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€50 000.00
Advance€25 000.00
Total retained until release€0.00

Advance + Stage work value = €50000.00

€25000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€25 000.00€25 000.00€25 000.00
1€2 083.33€0.00€2 083.33€27 083.33€22 916.67
2€2 083.33€0.00€2 083.33€29 166.66€20 833.34
3€2 083.33€0.00€2 083.33€31 249.99€18 750.01
4€2 083.33€0.00€2 083.33€33 333.32€16 666.68
5€2 083.33€0.00€2 083.33€35 416.65€14 583.35
6€2 083.33€0.00€2 083.33€37 499.98€12 500.02
7€2 083.33€0.00€2 083.33€39 583.31€10 416.69
8€2 083.33€0.00€2 083.33€41 666.64€8 333.36
9€2 083.33€0.00€2 083.33€43 749.97€6 250.03
10€2 083.33€0.00€2 083.33€45 833.30€4 166.70
11€2 083.33€0.00€2 083.33€47 916.63€2 083.37
12€2 083.37€0.00€2 083.37€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 · 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.