SEVODOC

Milestones, advance and retention · €750.00 · 50% · 8 · 10% · +0

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 50% · 8 · 10% · +0

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: 8; Retention on work after advance, %: 10; Periods after completion until release: 0

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€46.87€4.68€42.19€417.19€332.81
2€46.87€4.68€42.19€459.38€290.62
3€46.87€4.68€42.19€501.57€248.43
4€46.87€4.68€42.19€543.76€206.24
5€46.87€4.68€42.19€585.95€164.05
6€46.87€4.68€42.19€628.14€121.86
7€46.87€4.68€42.19€670.33€79.67
8€46.91€4.74€42.17€712.50€37.50
8€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

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 · 50% · 8 · 10% · +0

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.