SEVODOC

Milestones, advance and retention · €750.00 · 50% · 12 · 10% · +1

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 50% · 12 · 10% · +1

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€750.00
Advance€375.00
Total retained until release€37.50

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 50; Number of work stages: 12; Retention on work after advance, %: 10; Periods after completion until release: 1

Change the example inputs

Total agreed price€750.00
Advance€375.00
Total retained until release€37.50

Advance + Stage work value = €750.00

€375.00 × 10% → €37.50

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€375.00€375.00€375.00
1€31.25€3.12€28.13€403.13€346.87
2€31.25€3.12€28.13€431.26€318.74
3€31.25€3.12€28.13€459.39€290.61
4€31.25€3.12€28.13€487.52€262.48
5€31.25€3.12€28.13€515.65€234.35
6€31.25€3.12€28.13€543.78€206.22
7€31.25€3.12€28.13€571.91€178.09
8€31.25€3.12€28.13€600.04€149.96
9€31.25€3.12€28.13€628.17€121.83
10€31.25€3.12€28.13€656.30€93.70
11€31.25€3.12€28.13€684.43€65.57
12€31.25€3.18€28.07€712.50€37.50
13€0.00-€37.50€37.50€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 · 50% · 12 · 10% · +1

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.