SEVODOC

Milestones, advance and retention · €7500.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €7500.00 · 50% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€7500.00
Advance€3750.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 7500.00; 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€7 500.00
Advance€3 750.00
Total retained until release€0.00

Advance + Stage work value = €7500.00

€3750.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€3 750.00€3 750.00€3 750.00
1€312.50€0.00€312.50€4 062.50€3 437.50
2€312.50€0.00€312.50€4 375.00€3 125.00
3€312.50€0.00€312.50€4 687.50€2 812.50
4€312.50€0.00€312.50€5 000.00€2 500.00
5€312.50€0.00€312.50€5 312.50€2 187.50
6€312.50€0.00€312.50€5 625.00€1 875.00
7€312.50€0.00€312.50€5 937.50€1 562.50
8€312.50€0.00€312.50€6 250.00€1 250.00
9€312.50€0.00€312.50€6 562.50€937.50
10€312.50€0.00€312.50€6 875.00€625.00
11€312.50€0.00€312.50€7 187.50€312.50
12€312.50€0.00€312.50€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 · 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.