SEVODOC

Milestones, advance and retention · €500.00 · 50% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €500.00 · 50% · 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€250.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 500.00; Advance from price, %: 50; 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€250.00
Total retained until release€0.00

Advance + Stage work value = €500.00

€250.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€250.00€250.00€250.00
1€20.83€0.00€20.83€270.83€229.17
2€20.83€0.00€20.83€291.66€208.34
3€20.83€0.00€20.83€312.49€187.51
4€20.83€0.00€20.83€333.32€166.68
5€20.83€0.00€20.83€354.15€145.85
6€20.83€0.00€20.83€374.98€125.02
7€20.83€0.00€20.83€395.81€104.19
8€20.83€0.00€20.83€416.64€83.36
9€20.83€0.00€20.83€437.47€62.53
10€20.83€0.00€20.83€458.30€41.70
11€20.83€0.00€20.83€479.13€20.87
12€20.87€0.00€20.87€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 · 50% · 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.