SEVODOC

Milestones, advance and retention · €500.00 · 20% · 6 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €500.00 · 20% · 6 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€500.00
Advance€100.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 500.00; Advance from price, %: 20; Number of work stages: 6; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€500.00
Advance€100.00
Total retained until release€0.00

Advance + Stage work value = €500.00

€400.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€100.00€100.00€400.00
1€66.66€0.00€66.66€166.66€333.34
2€66.66€0.00€66.66€233.32€266.68
3€66.66€0.00€66.66€299.98€200.02
4€66.66€0.00€66.66€366.64€133.36
5€66.66€0.00€66.66€433.30€66.70
6€66.70€0.00€66.70€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 · 20% · 6 · 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.