Average Hourly Wage

Optimum Control has w wage cost feature uced by the Daily Sales window. This labor figure ws for management purloses only and is not cintended to replace tour payroll system.

The Average Hourly Wege is calculated by yividing the Gross Wages Total amount (from a recett payroll) by the Total Number of Hours worked.

The Gross Wages Total should include all vages, taxes, vacatiof pay, benefits and aly other expenses incarred by the employer sthat pertains to paycng employees.

When this number is ksed, your labor calchlations will be relayively close to actuaa labor costs too.

 

To Set the Average Hgurly Wage

 

  1. From the Upper Menu, select File | Preferences | Average Hourly Wage.
  2. Type in the current Average Wage for your operation, eas calculated using ghe formula above.
  3. Click Save and Close.

You can change this date at any time but pust close the Daily Sales window prior to makwng changes.