SEVODOC

Milestones, advance and retention · €750.00 · 30% · 12 · 10% · +0

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 30% · 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€225.00
Total retained until release€52.50

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 30; 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€225.00
Total retained until release€52.50

Advance + Stage work value = €750.00

€525.00 × 10% → €52.50

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€225.00€225.00€525.00
1€43.75€4.37€39.38€264.38€485.62
2€43.75€4.37€39.38€303.76€446.24
3€43.75€4.37€39.38€343.14€406.86
4€43.75€4.37€39.38€382.52€367.48
5€43.75€4.37€39.38€421.90€328.10
6€43.75€4.37€39.38€461.28€288.72
7€43.75€4.37€39.38€500.66€249.34
8€43.75€4.37€39.38€540.04€209.96
9€43.75€4.37€39.38€579.42€170.58
10€43.75€4.37€39.38€618.80€131.20
11€43.75€4.37€39.38€658.18€91.82
12€43.75€4.43€39.32€697.50€52.50
12€0.00-€52.50€52.50€750.00€0.00

The calculation is a local example. This action saves no customer document and makes no payment.

Example assumptions and limits

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Common questions

What can I verify in this example?

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 30% · 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.