SEVODOC

Milestones, advance and retention · €750.00 · 0% · 12 · 5% · +1

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 0% · 12 · 5% · +1

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€37.50

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 0; Number of work stages: 12; Retention on work after advance, %: 5; Periods after completion until release: 1

Change the example inputs

Total agreed price€750.00
Advance€0.00
Total retained until release€37.50

Advance + Stage work value = €750.00

€750.00 × 5% → €37.50

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€750.00
1€62.50€3.12€59.38€59.38€690.62
2€62.50€3.12€59.38€118.76€631.24
3€62.50€3.12€59.38€178.14€571.86
4€62.50€3.12€59.38€237.52€512.48
5€62.50€3.12€59.38€296.90€453.10
6€62.50€3.12€59.38€356.28€393.72
7€62.50€3.12€59.38€415.66€334.34
8€62.50€3.12€59.38€475.04€274.96
9€62.50€3.12€59.38€534.42€215.58
10€62.50€3.12€59.38€593.80€156.20
11€62.50€3.12€59.38€653.18€96.82
12€62.50€3.18€59.32€712.50€37.50
13€0.00-€37.50€37.50€750.00€0.00

The calculation is a local example. This action saves no customer document and makes no payment.

Example assumptions and limits

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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 · 5% · +1

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.