SEVODOC

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

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 10% · 8 · 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: 8; 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€84.37€0.00€84.37€159.37€590.63
2€84.37€0.00€84.37€243.74€506.26
3€84.37€0.00€84.37€328.11€421.89
4€84.37€0.00€84.37€412.48€337.52
5€84.37€0.00€84.37€496.85€253.15
6€84.37€0.00€84.37€581.22€168.78
7€84.37€0.00€84.37€665.59€84.41
8€84.41€0.00€84.41€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% · 8 · 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.