SEVODOC

Milestones, advance and retention · €750.00 · 30% · 12 · 5% · +0

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 30% · 12 · 5% · +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€26.25

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 30; Number of work stages: 12; Retention on work after advance, %: 5; Periods after completion until release: 0

Change the example inputs

Total agreed price€750.00
Advance€225.00
Total retained until release€26.25

Advance + Stage work value = €750.00

€525.00 × 5% → €26.25

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€225.00€225.00€525.00
1€43.75€2.18€41.57€266.57€483.43
2€43.75€2.18€41.57€308.14€441.86
3€43.75€2.18€41.57€349.71€400.29
4€43.75€2.18€41.57€391.28€358.72
5€43.75€2.18€41.57€432.85€317.15
6€43.75€2.18€41.57€474.42€275.58
7€43.75€2.18€41.57€515.99€234.01
8€43.75€2.18€41.57€557.56€192.44
9€43.75€2.18€41.57€599.13€150.87
10€43.75€2.18€41.57€640.70€109.30
11€43.75€2.18€41.57€682.27€67.73
12€43.75€2.27€41.48€723.75€26.25
12€0.00-€26.25€26.25€750.00€0.00

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

Example assumptions and limits

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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 · 5% · +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.