SEVODOC

Milestones, advance and retention · €7500.00 · 30% · 8 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €7500.00 · 30% · 8 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€7500.00
Advance€2250.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 7500.00; Advance from price, %: 30; Number of work stages: 8; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€7 500.00
Advance€2 250.00
Total retained until release€0.00

Advance + Stage work value = €7500.00

€5250.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€2 250.00€2 250.00€5 250.00
1€656.25€0.00€656.25€2 906.25€4 593.75
2€656.25€0.00€656.25€3 562.50€3 937.50
3€656.25€0.00€656.25€4 218.75€3 281.25
4€656.25€0.00€656.25€4 875.00€2 625.00
5€656.25€0.00€656.25€5 531.25€1 968.75
6€656.25€0.00€656.25€6 187.50€1 312.50
7€656.25€0.00€656.25€6 843.75€656.25
8€656.25€0.00€656.25€7 500.00€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. €7500.00 · 30% · 8 · 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.