Back Charge


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Back Charge

A fee that a company has charged but has not collected by the end of an accounting period. A company usually sends an invoice for back charges on its own or with the next bill. For example, if one's water bill is $20 per month and one did not pay in April, one will likely have a bill for $40 (plus late charges) in May.
References in periodicals archive ?
When we discovered a million electricity users were facing hefty back charges because meters were not adjusted for price rises, the Sheriff went in with six-shooters blazing.
Consider what takes place during the melting of iron in a 35-ton, 7000kw coreless induction furnace with a 7000-lb back charge.
The EU argues that deprived communities will not be cut adrift once Objective One ends and support for job creation schemes will continue but the Treasury and the Department of Trade and Industry believe the Government should take back charge of this key area.
Thus, the high powered channel furnace must be operated on a back charge to a heel basis with the metal level fluctuating between full and one charge down.
These results also exclude two large one-time outlays (for a back charge of water capital recovery charges and a legal settlement) totaling $11.
Important information will include: * operating temperatures and changes; *slag chemistries; * furnace deslagging frequency; * bath additives; * back charge of treated metal; * refractory maintenance programs; * previously used refractories and lining designs; * production process changes; * in-house or contracted lining construction; * personal preference of workers.
26 ordered US West to pay Electric Lightwave all back charges for reciprocal compensation, plus late charges, for terminating local calls to Internet Service Providers (ISPs), as called for in the interconnection agreement between the two companies.
Human Rights Watch said it had found no evidence to back charges that hundreds of Palestinians were massacred during Israel's occupation of the camp.
11) Shares used in diluted per share calculation 60,092 60,002 60,141 59,299 ACTUATE CORPORATION PRO FORMA SUPPLEMENTAL INFORMATION (in thousands, except per share data) (unaudited) Three Months Ended Twelve Months Ended December 31, December 31, 2002 2001 2002 2001 Supplemental information: Net income (loss) $ 712 $ (3,305) $(25,471) $ (6,417) Add back charges: Certain legal costs(1) 1,351 -- 1,665 -- Idle facility expense -- 932 1,760 2,290 Amortization of goodwill and other intangibles 996 3,117 3,985 10,704 Restructuring charges 913 -- 27,136 859 Total add back charges 3,260 4,049 34,546 13,853 Provision for income taxes(2) (1,775) -- (3,043) -- Pro forma net income $ 2,197 $ 744 $ 6,032 $ 7,436 Pro forma basic net income per share $ 0.
Pro Forma Supplemental Information (in thousands, except per share data) / Pro Forma / Three Months Ended Year Ended December 31, December 31, Supplemental information: 2001 2000 2001 2000 Net income (loss) $(1,625) $4,320 $(38,293) $8,739 Add back charges: Restructuring charges 2,454 -- 6,271 -- Investment impairment -- -- 2,012 -- Total add back charges 2,454 -- 8,283 -- Provision for income taxes adjustment -- -- 583 -- Pro forma net income (loss) 829 4,320 (29,427) 8,739 Pro forma basic earnings (loss) per share 0.
Council bosses say they were forced to bring back charges as they have to remove PS32m from the authority's budget in 2014/15 and a further PS100m over the next three years.