Prepaid Labour is the replacement for Prepaid Labour Simple (the older style that has been renamed), as this has been deprecated.
This works almost the same as Prepaid Labour Simple. The main difference is that Prepaid Labour Simple works off hourly quantities whilst Prepaid Labour works off currency amounts.
The other main difference is that a prepaid labour meter can be used to prepay multiple other labour meters. It is not limited to just one linked meter, as Prepaid Labour Simple is.
Because Prepaid Labour can prepay multiple labour meters, it can allow labour to be charged out at different rates, but still use the same prepaid labour bucket.
An example might be having a level 1 tech and level 2 tech charged out at different rates.
Notice both the labour meters are marked as Optional, and they are both linked to the PREPAID.LABOUR.BLOCK meter.
The above example shows there is $2218.0 available in the prepaid labour bucket to use. It is set to bill a block of 10 hours @ $180 = $1800.00.
This will be converted into a quantity of 1,800 at a price of $1.
When recording labour against a job, you can specify either one, or both.
Entering in only Level 2 tech
Entering in labour for both
Further information