SEVODOC

Milestones, advance and retention · €75000.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €75000.00 · 50% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€75000.00
Advance€37500.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 75000.00; 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€75 000.00
Advance€37 500.00
Total retained until release€0.00

Advance + Stage work value = €75000.00

€37500.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€37 500.00€37 500.00€37 500.00
1€3 125.00€0.00€3 125.00€40 625.00€34 375.00
2€3 125.00€0.00€3 125.00€43 750.00€31 250.00
3€3 125.00€0.00€3 125.00€46 875.00€28 125.00
4€3 125.00€0.00€3 125.00€50 000.00€25 000.00
5€3 125.00€0.00€3 125.00€53 125.00€21 875.00
6€3 125.00€0.00€3 125.00€56 250.00€18 750.00
7€3 125.00€0.00€3 125.00€59 375.00€15 625.00
8€3 125.00€0.00€3 125.00€62 500.00€12 500.00
9€3 125.00€0.00€3 125.00€65 625.00€9 375.00
10€3 125.00€0.00€3 125.00€68 750.00€6 250.00
11€3 125.00€0.00€3 125.00€71 875.00€3 125.00
12€3 125.00€0.00€3 125.00€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 · 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.