SEVODOC

Milestones, advance and retention · €7500.00 · 10% · 12 · 0% · +0

Inspect how advances, work stages and retention change cash received in each period. €7500.00 · 10% · 12 · 0% · +0

This task at a glance

Initial example result
What to clarifyExample or option on this page
Total agreed price€7500.00
Advance€750.00
Total retained until release€0.00

Initial example inputs: Initial amount, EUR: 7500.00; Advance from price, %: 10; Number of work stages: 12; Retention on work after advance, %: 0; Periods after completion until release: 0

Change the example inputs

Total agreed price€7 500.00
Advance€750.00
Total retained until release€0.00

Advance + Stage work value = €7500.00

€6750.00 × 0% → €0.00

Checkable payment schedule
PeriodStage work valueRetained / releasedCash paymentCumulative paidRemaining balance
0€0.00€0.00€750.00€750.00€6 750.00
1€562.50€0.00€562.50€1 312.50€6 187.50
2€562.50€0.00€562.50€1 875.00€5 625.00
3€562.50€0.00€562.50€2 437.50€5 062.50
4€562.50€0.00€562.50€3 000.00€4 500.00
5€562.50€0.00€562.50€3 562.50€3 937.50
6€562.50€0.00€562.50€4 125.00€3 375.00
7€562.50€0.00€562.50€4 687.50€2 812.50
8€562.50€0.00€562.50€5 250.00€2 250.00
9€562.50€0.00€562.50€5 812.50€1 687.50
10€562.50€0.00€562.50€6 375.00€1 125.00
11€562.50€0.00€562.50€6 937.50€562.50
12€562.50€0.00€562.50€7 500.00€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. €7500.00 · 10% · 12 · 0% · +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.