The prepaid services will be prorate based on number of months within the billing cycle. |
At one point, Mr. Carey, unable to pay his rent for two months, negotiated with his landlord to prorate payments once he found employment. |
If your fiscal period is less than 365 days, you have to prorate your claim. |
In a flat benefit plan, you generally prorate the benefit earned to the portion of a full year of service credited to the employee. |
When overtime is performed, no hourly prorate of the per diem rate will be allowed. |
If any of these special situations apply to your employees, you may need to prorate their contributions for the year. |