SEVODOC

Milestones, advance and retention · €2000.00 · 50% · 4 · 10% · +1

Inspect how advances, work stages and retention change cash received in each period. €2000.00 · 50% · 4 · 10% · +1

Change the example inputs

Total agreed price€2 000.00
Advance€1 000.00
Total retained until release€100.00

Advance + Stage work value = €2000.00

€1000.00 × 10% → €100.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€1 000.00€1 000.00€1 000.00
1€250.00€25.00€225.00€1 225.00€775.00
2€250.00€25.00€225.00€1 450.00€550.00
3€250.00€25.00€225.00€1 675.00€325.00
4€250.00€25.00€225.00€1 900.00€100.00
5€0.00-€100.00€100.00€2 000.00€0.00

The calculation is a local example. This action saves no customer document and makes no payment.

Example assumptions and limits

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Common questions

What can I verify in this example?

Inspect how advances, work stages and retention change cash received in each period. €2000.00 · 50% · 4 · 10% · +1

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.