SEVODOC

Milestones, advance and retention · €750.00 · 0% · 8 · 10% · +3

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 0% · 8 · 10% · +3

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€75.00

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 0; Number of work stages: 8; Retention on work after advance, %: 10; Periods after completion until release: 3

Change the example inputs

Total agreed price€750.00
Advance€0.00
Total retained until release€75.00

Advance + Stage work value = €750.00

€750.00 × 10% → €75.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€0.00€0.00€750.00
1€93.75€9.37€84.38€84.38€665.62
2€93.75€9.37€84.38€168.76€581.24
3€93.75€9.37€84.38€253.14€496.86
4€93.75€9.37€84.38€337.52€412.48
5€93.75€9.37€84.38€421.90€328.10
6€93.75€9.37€84.38€506.28€243.72
7€93.75€9.37€84.38€590.66€159.34
8€93.75€9.41€84.34€675.00€75.00
11€0.00-€75.00€75.00€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% · 8 · 10% · +3

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.