SEVODOC

Milestones, advance and retention · €750.00 · 50% · 8 · 15% · +3

Inspect how advances, work stages and retention change cash received in each period. €750.00 · 50% · 8 · 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: 8; 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€46.87€7.03€39.84€414.84€335.16
2€46.87€7.03€39.84€454.68€295.32
3€46.87€7.03€39.84€494.52€255.48
4€46.87€7.03€39.84€534.36€215.64
5€46.87€7.03€39.84€574.20€175.80
6€46.87€7.03€39.84€614.04€135.96
7€46.87€7.03€39.84€653.88€96.12
8€46.91€7.04€39.87€693.75€56.25
11€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

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 · 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.