Pro-Rated Charges
by Intuit• Updated 11 months 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:
R 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 R19.50 a month on the 21st of the December (31 days in the month) you will be charged:
R19.50 divided by 31 days = 63 cents
63 cents times 18 (days it has been active) = R11.35 (Pro-Rated)
R11.35 + R19.50 = R30.85 – First amount you will be charged, and then moving forward you will only be charged R19.50
Sign in now for personalized help
See articles customized for your product and join our large community of QuickBooks users.
More like this
- How to understand your subscription rates and chargesby QuickBooks•Updated 1 week ago
- Pay rates, cost rates, and billable rates in QuickBooks Onlineby QuickBooks•13•Updated May 23, 2024
- Understand your QuickBooks Online invoiceby QuickBooks•Updated 2 weeks ago
- QuickBooks monthly subscription invoiceby QuickBooks•9•Updated May 17, 2024