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Milestones, advance and retention · €750.00 · 20% · 8 · 15% · +6

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 20% · 8 · 15% · +6

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€750.00
Advance€150.00
Total retained until release€90.00

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 20; Number of work stages: 8; Retention on work after advance, %: 15; Periods after completion until release: 6

Change the example inputs

Total agreed price€750.00
Advance€150.00
Total retained until release€90.00

Advance + Stage work value = €750.00

€600.00 × 15% → €90.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€150.00€150.00€600.00
1€75.00€11.25€63.75€213.75€536.25
2€75.00€11.25€63.75€277.50€472.50
3€75.00€11.25€63.75€341.25€408.75
4€75.00€11.25€63.75€405.00€345.00
5€75.00€11.25€63.75€468.75€281.25
6€75.00€11.25€63.75€532.50€217.50
7€75.00€11.25€63.75€596.25€153.75
8€75.00€11.25€63.75€660.00€90.00
14€0.00-€90.00€90.00€750.00€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. €750.00 · 20% · 8 · 15% · +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.