SEVODOC

Milestones, advance and retention · €750.00 · 0% · 8 · 5% · +3

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 0% · 8 · 5% · +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€37.50

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 0; Number of work stages: 8; Retention on work after advance, %: 5; Periods after completion until release: 3

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€93.75€4.68€89.07€89.07€660.93
2€93.75€4.68€89.07€178.14€571.86
3€93.75€4.68€89.07€267.21€482.79
4€93.75€4.68€89.07€356.28€393.72
5€93.75€4.68€89.07€445.35€304.65
6€93.75€4.68€89.07€534.42€215.58
7€93.75€4.68€89.07€623.49€126.51
8€93.75€4.74€89.01€712.50€37.50
11€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

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 · 5% · +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.