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Prorate Amount

A prorate is calculated using this formula:



P = N ÷ M × MR

Prorate Amount = Number of Service Days ÷ Total Number of Days in the Month × Monthly Rate for Service

P = Prorate Amount: Partial month charge for the service.
N = Number of Service Days: Number of service days (the bill from/to dates) included in prorate.
M = Total Number of Days in the Month: Number of days included in the month for that billing cycle; usually 30 or 31 days, depending on the month.
MR = Monthly Rate for Service: Total monthly cost for the service(s) included in prorate.


Total Prorated Amount Next Bill

Formula for calculating total prorated amount that will be billed, for service(s) added BEFORE the regular billing cycle end date:



TPA = P + MR + SVC



Total Prorate Amount = Partial Month Charge for Service + Monthly Rate for Service + Service Charge

TPA = Total Prorate Amount: Total service charges the customer will see on their next bill.
P = Prorate Amount: Partial month charge for the service. (P = N ÷ M × MR)
MR1 = Full Months Charge for Service: Next Billing Cycle.
SVC = Service Charges: Total 1-time service charge(s) or install fees.


Total Prorated Amount Second Bill

Formula for calculating total prorated amount that will be billed, for service(s) added AFTER (bill has already been printed) the regular billing cycle end date:



TPA = P + MC1 + MC2 + I



Total Prorate Amount = Prorate Amount + Full Months Charge (Next Billing Cycle) + Full Months Charge (Monthly Advance) + Service Charge

MC1 = Full Months Charge for Service: Next Billing Cycle.
MC2 = Full Months Charge for Service: Monthly Advance.
     
 
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