SEVODOC

Milestones, advance and retention · €1000.00 · 0% · 8 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €1000.00 · 0% · 8 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€1000.00
Advance€0.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 1000.00; Advance from price, %: 0; Number of work stages: 8; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€1 000.00
Advance€0.00
Total retained until release€0.00

Advance + Stage work value = €1000.00

€1000.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€1 000.00
1€125.00€0.00€125.00€125.00€875.00
2€125.00€0.00€125.00€250.00€750.00
3€125.00€0.00€125.00€375.00€625.00
4€125.00€0.00€125.00€500.00€500.00
5€125.00€0.00€125.00€625.00€375.00
6€125.00€0.00€125.00€750.00€250.00
7€125.00€0.00€125.00€875.00€125.00
8€125.00€0.00€125.00€1 000.00€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. €1000.00 · 0% · 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.