SEVODOC

Milestones, advance and retention · €750.00 · 50% · 12 · 5% · +1

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 50% · 12 · 5% · +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€18.75

Initial example inputs: Initial amount, EUR: 750.00; Advance from price, %: 50; Number of work stages: 12; Retention on work after advance, %: 5; Periods after completion until release: 1

Change the example inputs

Total agreed price€750.00
Advance€375.00
Total retained until release€18.75

Advance + Stage work value = €750.00

€375.00 × 5% → €18.75

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€375.00€375.00€375.00
1€31.25€1.56€29.69€404.69€345.31
2€31.25€1.56€29.69€434.38€315.62
3€31.25€1.56€29.69€464.07€285.93
4€31.25€1.56€29.69€493.76€256.24
5€31.25€1.56€29.69€523.45€226.55
6€31.25€1.56€29.69€553.14€196.86
7€31.25€1.56€29.69€582.83€167.17
8€31.25€1.56€29.69€612.52€137.48
9€31.25€1.56€29.69€642.21€107.79
10€31.25€1.56€29.69€671.90€78.10
11€31.25€1.56€29.69€701.59€48.41
12€31.25€1.59€29.66€731.25€18.75
13€0.00-€18.75€18.75€750.00€0.00

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

Example assumptions and limits

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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 · 5% · +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.