In government contracting, a prevailing wage is defined as the hourly wage, usual benefits, and overtime paid to the majority of workers, laborers, and mechanics within a particular area. To track a prevailing wage in iPoint requires a bit of setup.

  1. In QuickBooks, create a wage item for Prevailing Wage. You might need more than one if you have multiple government jurisdictions.
  2. In iPoint, go to Settings > QuickBooks > Time > QB Wage Items and sync the Prevailing Wage item into iPoint by clicking the blue Get Payroll Wage Items button.
  3. Go to Settings > Labor Phases and define which of your labor phases can be used for prevailing wage.
  4. Finally, go to a Project and use the dropdown box to enter the appropriate Wage Item in the Prevailing Wage dropdown.

Now, when a work order is created, all labor phase entries will be adjusted to the project’s Prevailing Wage item, and when you push time to QuickBooks (Settings > QuickBooks > Time > Work Order Times) the correct wage item is used.

Last modified: 21 Sep 2023

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