SEVODOC

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

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 10% · 12 · 10% · +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€67.50

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

Change the example inputs

Total agreed price€750.00
Advance€75.00
Total retained until release€67.50

Advance + Stage work value = €750.00

€675.00 × 10% → €67.50

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€75.00€75.00€675.00
1€56.25€5.62€50.63€125.63€624.37
2€56.25€5.62€50.63€176.26€573.74
3€56.25€5.62€50.63€226.89€523.11
4€56.25€5.62€50.63€277.52€472.48
5€56.25€5.62€50.63€328.15€421.85
6€56.25€5.62€50.63€378.78€371.22
7€56.25€5.62€50.63€429.41€320.59
8€56.25€5.62€50.63€480.04€269.96
9€56.25€5.62€50.63€530.67€219.33
10€56.25€5.62€50.63€581.30€168.70
11€56.25€5.62€50.63€631.93€118.07
12€56.25€5.68€50.57€682.50€67.50
12€0.00-€67.50€67.50€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 · 10% · 12 · 10% · +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.