SEVODOC

Milestones, advance and retention · €750.00 · 10% · 12 · 5% · +6

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 10% · 12 · 5% · +6

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€33.75

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 10; Number of work stages: 12; Retention on work after advance, %: 5; Periods after completion until release: 6

Change the example inputs

Total agreed price€750.00
Advance€75.00
Total retained until release€33.75

Advance + Stage work value = €750.00

€675.00 × 5% → €33.75

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€75.00€75.00€675.00
1€56.25€2.81€53.44€128.44€621.56
2€56.25€2.81€53.44€181.88€568.12
3€56.25€2.81€53.44€235.32€514.68
4€56.25€2.81€53.44€288.76€461.24
5€56.25€2.81€53.44€342.20€407.80
6€56.25€2.81€53.44€395.64€354.36
7€56.25€2.81€53.44€449.08€300.92
8€56.25€2.81€53.44€502.52€247.48
9€56.25€2.81€53.44€555.96€194.04
10€56.25€2.81€53.44€609.40€140.60
11€56.25€2.81€53.44€662.84€87.16
12€56.25€2.84€53.41€716.25€33.75
18€0.00-€33.75€33.75€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 · 5% · +6

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.