How much does LCPtracker cost?
Free for first project Up to 5 Active Projects: $125/Month. Up to 10 Active Projects: $1,100/Year. Up to 25 Active Projects: $2,200/Year.
What does LCP Tracker stand for?
Labor Compliance Program Tracker
Here at LCPtracker (Labor Compliance Program Tracker), we are aware that using a Prevailing wage software may be a new undertaking for many Contractors. The LCPtracker service is a paperless, online system of entering Certified Payroll Reports (CPRs).
What is certified payroll?
Certified payroll is a special weekly payroll report using Form WH-347 that contractors who are working on federally-funded projects need to complete and submit to prove they are paying workers the prevailing wage.
How does LCP Tracker work?
HOW DOES LCPTRACKER WORK? The LCPtracker service is a paperless, online system of entering Certified Payroll Reports (CPRs). Payroll data may be entered directly into the system or uploaded from major construction accounting systems or payroll programs.
What is a Davis Bacon job?
What Is the Davis-Bacon Act? The Davis-Bacon Act of 1931 requires contractors and subcontractors working on federally funded jobs to pay their laborers wages and benefits no less than what others locally pay their workers for similar projects. This is called the “prevailing” wage.
What should I study for payroll?
Some employers want their payroll specialists to hold a bachelor’s degree in accounting or a related field, along with payroll experience. You should have the following courses or similar on your transcript: computer accounting, bookkeeping, computer payroll time reporting/processing, and benefits deduction.
How do I add a subcontractor in LCPtracker?
Like Employees, when used, Subcontractors need to be entered into the LCPtracker database. Start from the Main menu and click on the Subcontractor Setup button to open the Add/Edit or Assign Subcontractors menu. Click on the Subcontractor Setup and choose Add/Edit Subcontractor to open the date entry screen.