SEVODOC

Milestones, advance and retention · €750.00 · 10% · 8 · 15% · +3

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 10% · 8 · 15% · +3

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€101.25

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 10; Number of work stages: 8; Retention on work after advance, %: 15; Periods after completion until release: 3

Change the example inputs

Total agreed price€750.00
Advance€75.00
Total retained until release€101.25

Advance + Stage work value = €750.00

€675.00 × 15% → €101.25

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€75.00€75.00€675.00
1€84.37€12.65€71.72€146.72€603.28
2€84.37€12.65€71.72€218.44€531.56
3€84.37€12.65€71.72€290.16€459.84
4€84.37€12.65€71.72€361.88€388.12
5€84.37€12.65€71.72€433.60€316.40
6€84.37€12.65€71.72€505.32€244.68
7€84.37€12.65€71.72€577.04€172.96
8€84.41€12.70€71.71€648.75€101.25
11€0.00-€101.25€101.25€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% · 8 · 15% · +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.