SEVODOC

Milestones, advance and retention · €500.00 · 0% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €500.00 · 0% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€500.00
Advance€0.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 500.00; Advance from price, %: 0; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€500.00
Advance€0.00
Total retained until release€0.00

Advance + Stage work value = €500.00

€500.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€500.00
1€41.66€0.00€41.66€41.66€458.34
2€41.66€0.00€41.66€83.32€416.68
3€41.66€0.00€41.66€124.98€375.02
4€41.66€0.00€41.66€166.64€333.36
5€41.66€0.00€41.66€208.30€291.70
6€41.66€0.00€41.66€249.96€250.04
7€41.66€0.00€41.66€291.62€208.38
8€41.66€0.00€41.66€333.28€166.72
9€41.66€0.00€41.66€374.94€125.06
10€41.66€0.00€41.66€416.60€83.40
11€41.66€0.00€41.66€458.26€41.74
12€41.74€0.00€41.74€500.00€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. €500.00 · 0% · 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.