Utility Billing Proration Prorate Initial Final Stop
Proration of a base flat amount is not prorating the service base flat amount in my final bill run
UBCIS
Proration
Initial/Final/Stop
Final Bill
The stop date of the service was 12/31/9999 and needs to be the actual stop date of the service
Correct the service stop date on the service that should be prorated.
The formula for calculating a proration charge for Prorate Initial/Final/Stop Date is as follows:
Flat Amount / Number of cycle days * billing daysÂ
Flat AmountÂ
Number of Days in Cycle (From the service screen bill code.)Â Â
Billing Days - (Previous Read Date - Service Stop Date)
ExampleÂ
25.00 (flat amount) / 91 (number of cycle days) * 47 (billing days) = 12.912087912087912087912087912088,Â
rounding to 12.91 (you get the same value doing 47/91*25.00).Â