SEVODOC

Milestones, advance and retention · €75000.00 · 30% · 8 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €75000.00 · 30% · 8 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€75000.00
Advance€22500.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 75000.00; 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€75 000.00
Advance€22 500.00
Total retained until release€0.00

Advance + Stage work value = €75000.00

€52500.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€22 500.00€22 500.00€52 500.00
1€6 562.50€0.00€6 562.50€29 062.50€45 937.50
2€6 562.50€0.00€6 562.50€35 625.00€39 375.00
3€6 562.50€0.00€6 562.50€42 187.50€32 812.50
4€6 562.50€0.00€6 562.50€48 750.00€26 250.00
5€6 562.50€0.00€6 562.50€55 312.50€19 687.50
6€6 562.50€0.00€6 562.50€61 875.00€13 125.00
7€6 562.50€0.00€6 562.50€68 437.50€6 562.50
8€6 562.50€0.00€6 562.50€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 · 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.