SEVODOC

Milestones, advance and retention · €750.00 · 50% · 12 · 15% · +3

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 50% · 12 · 15% · +3

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€56.25

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 50; Number of work stages: 12; Retention on work after advance, %: 15; Periods after completion until release: 3

Change the example inputs

Total agreed price€750.00
Advance€375.00
Total retained until release€56.25

Advance + Stage work value = €750.00

€375.00 × 15% → €56.25

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€375.00€375.00€375.00
1€31.25€4.68€26.57€401.57€348.43
2€31.25€4.68€26.57€428.14€321.86
3€31.25€4.68€26.57€454.71€295.29
4€31.25€4.68€26.57€481.28€268.72
5€31.25€4.68€26.57€507.85€242.15
6€31.25€4.68€26.57€534.42€215.58
7€31.25€4.68€26.57€560.99€189.01
8€31.25€4.68€26.57€587.56€162.44
9€31.25€4.68€26.57€614.13€135.87
10€31.25€4.68€26.57€640.70€109.30
11€31.25€4.68€26.57€667.27€82.73
12€31.25€4.77€26.48€693.75€56.25
15€0.00-€56.25€56.25€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 · 50% · 12 · 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.