How does the Pro-Rated Projection Method work?

 This projection method sets a value for the first month based on the Start Date. We assume thirty days in the month; if the Start Date is the 18th, the first schedule will be the value for 12 days. If we also assume that you entered 12 months for the # Schedules, the first schedule is followed by eleven schedules of equal value. The balance (18 days) is added to a final schedule at the end, i.e., a thirteenth schedule. In other words, the app pro-rates the first month and adds the balance to a final schedule at the end.