Pro-Rated Charges
by Intuit• Updated 1 year ago
Pro-Rated Billing Charges
Pro-Rated amounts are charged when you add a new client to your Wholesale Discount on a different date to your normal billing date.
For example, if your billing date is the 8th of every month and you add a new file after this date, you will then be charged a pro-rated amount on the 8th of the next month.
When you are billed you are billed for the month forward and thus why you get charged the pro-rated amount plus the month forward amount.
The Pro-Rated charges will vary depending on the subscription you sign up to.
The way Pro-Rated amounts are calculated is as follows:
S $ Amount of your subscription divided by how many days in that particular month times how many days this file has been active before your next bill date.
For Example:
If you add on a Plus subscription at S $19.50 a month on the 21st of the December (31 days in the month) you will be charged:
S $19.50 divided by 31 days = 63 cents
63 cents times 18 (days it has been active) = S $11.35 (Pro-Rated)
S $11.35 + S $19.50 = S $30.85 – First amount you will be charged, and then moving forward you will only be charged S $19.50
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