Sub-Contracting

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    IMPLAN Support
    Hello Alexander Often you can fill gaps in client data by using the model data. In this case, you could use model data to split the value into Employee Compensation (EC) and Proprietor Income (PI). Navigate to Social Accounts > Balance Sheets > Select the appropriate construction sector > select the Value Added tab. Sum the Employee Compensation (EC) and Proprietor Income (PI) percentages and then divide each by the sum. With the derived ratios, you can split your total Labor Income value into EC and PI. Note: This assumes that the payments to subcontractors are strictly labor income payments, not payments for materials and labor provided by the subcontractors combined. Regards, IMPLAN Staff

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