SEVODOC

Milestones, advance and retention · €750.00 · 0% · 12 · 15% · +0

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 0% · 12 · 15% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€750.00
Advance€0.00
Total retained until release€112.50

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 0; Number of work stages: 12; Retention on work after advance, %: 15; Periods after completion until release: 0

Change the example inputs

Total agreed price€750.00
Advance€0.00
Total retained until release€112.50

Advance + Stage work value = €750.00

€750.00 × 15% → €112.50

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€750.00
1€62.50€9.37€53.13€53.13€696.87
2€62.50€9.37€53.13€106.26€643.74
3€62.50€9.37€53.13€159.39€590.61
4€62.50€9.37€53.13€212.52€537.48
5€62.50€9.37€53.13€265.65€484.35
6€62.50€9.37€53.13€318.78€431.22
7€62.50€9.37€53.13€371.91€378.09
8€62.50€9.37€53.13€425.04€324.96
9€62.50€9.37€53.13€478.17€271.83
10€62.50€9.37€53.13€531.30€218.70
11€62.50€9.37€53.13€584.43€165.57
12€62.50€9.43€53.07€637.50€112.50
12€0.00-€112.50€112.50€750.00€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. €750.00 · 0% · 12 · 15% · +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.