SEVODOC

Milestones, advance and retention · €750.00 · 10% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 10% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€750.00
Advance€75.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 10; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

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

Advance + Stage work value = €750.00

€675.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€75.00€75.00€675.00
1€56.25€0.00€56.25€131.25€618.75
2€56.25€0.00€56.25€187.50€562.50
3€56.25€0.00€56.25€243.75€506.25
4€56.25€0.00€56.25€300.00€450.00
5€56.25€0.00€56.25€356.25€393.75
6€56.25€0.00€56.25€412.50€337.50
7€56.25€0.00€56.25€468.75€281.25
8€56.25€0.00€56.25€525.00€225.00
9€56.25€0.00€56.25€581.25€168.75
10€56.25€0.00€56.25€637.50€112.50
11€56.25€0.00€56.25€693.75€56.25
12€56.25€0.00€56.25€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 · 10% · 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.