SEVODOC

Milestones, advance and retention · €500.00 · 0% · 4 · 10% · +0

Inspect how advances, work stages and retention change cash received in each period. €500.00 · 0% · 4 · 10% · +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€50.00

Initial example inputs: Initial amount, EUR: 500.00; Advance from price, %: 0; Number of work stages: 4; Retention on work after advance, %: 10; Periods after completion until release: 0

Change the example inputs

Total agreed price€500.00
Advance€0.00
Total retained until release€50.00

Advance + Stage work value = €500.00

€500.00 × 10% → €50.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€500.00
1€125.00€12.50€112.50€112.50€387.50
2€125.00€12.50€112.50€225.00€275.00
3€125.00€12.50€112.50€337.50€162.50
4€125.00€12.50€112.50€450.00€50.00
4€0.00-€50.00€50.00€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% · 4 · 10% · +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.