SEVODOC

Milestones, advance and retention · €75000.00 · 0% · 12 · 10% · +6

Inspect how advances, work stages and retention change cash received in each period. €75000.00 · 0% · 12 · 10% · +6

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€75000.00
Advance€0.00
Total retained until release€7500.00

Initial example inputs: Initial amount, EUR: 75000.00; Advance from price, %: 0; Number of work stages: 12; Retention on work after advance, %: 10; Periods after completion until release: 6

Change the example inputs

Total agreed price€75 000.00
Advance€0.00
Total retained until release€7 500.00

Advance + Stage work value = €75000.00

€75000.00 × 10% → €7500.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€75 000.00
1€6 250.00€625.00€5 625.00€5 625.00€69 375.00
2€6 250.00€625.00€5 625.00€11 250.00€63 750.00
3€6 250.00€625.00€5 625.00€16 875.00€58 125.00
4€6 250.00€625.00€5 625.00€22 500.00€52 500.00
5€6 250.00€625.00€5 625.00€28 125.00€46 875.00
6€6 250.00€625.00€5 625.00€33 750.00€41 250.00
7€6 250.00€625.00€5 625.00€39 375.00€35 625.00
8€6 250.00€625.00€5 625.00€45 000.00€30 000.00
9€6 250.00€625.00€5 625.00€50 625.00€24 375.00
10€6 250.00€625.00€5 625.00€56 250.00€18 750.00
11€6 250.00€625.00€5 625.00€61 875.00€13 125.00
12€6 250.00€625.00€5 625.00€67 500.00€7 500.00
18€0.00-€7 500.00€7 500.00€75 000.00€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. €75000.00 · 0% · 12 · 10% · +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.