SEVODOC

Milestones, advance and retention · €750.00 · 30% · 8 · 5% · +6

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 30% · 8 · 5% · +6

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: 8; Retention on work after advance, %: 5; Periods after completion until release: 6

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€65.62€3.28€62.34€287.34€462.66
2€65.62€3.28€62.34€349.68€400.32
3€65.62€3.28€62.34€412.02€337.98
4€65.62€3.28€62.34€474.36€275.64
5€65.62€3.28€62.34€536.70€213.30
6€65.62€3.28€62.34€599.04€150.96
7€65.62€3.28€62.34€661.38€88.62
8€65.66€3.29€62.37€723.75€26.25
14€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

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% · 8 · 5% · +6

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.