SEVODOC

Milestones, advance and retention · €750.00 · 30% · 6 · 15% · +3

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 30% · 6 · 15% · +3

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€78.75

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 30; Number of work stages: 6; Retention on work after advance, %: 15; Periods after completion until release: 3

Change the example inputs

Total agreed price€750.00
Advance€225.00
Total retained until release€78.75

Advance + Stage work value = €750.00

€525.00 × 15% → €78.75

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€225.00€225.00€525.00
1€87.50€13.12€74.38€299.38€450.62
2€87.50€13.12€74.38€373.76€376.24
3€87.50€13.12€74.38€448.14€301.86
4€87.50€13.12€74.38€522.52€227.48
5€87.50€13.12€74.38€596.90€153.10
6€87.50€13.15€74.35€671.25€78.75
9€0.00-€78.75€78.75€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 · 30% · 6 · 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.