Surety Bonding Financials
Bonding-Ready Financials for Contractors
Your surety broker needs financials and a WIP schedule. Your QuickBooks file isn't ready. We get the books, schedules and support in order so your CPA and surety can rely on them.
We do not issue CPA reports or make bonding decisions. We prepare the records those decisions are based on, and work alongside your CPA and broker. Scope and timing are confirmed after we review your records.
What we prepare
Reconciled bank, credit-card and loan balances
Work-in-progress (WIP) schedule with over/under billing
Retainage receivable and payable by job
A/R and A/P aging that ties to the balance sheet
Completed-job results compared to estimate
Organized support for your CPA's review or audit
Issues that commonly slow a surety review
Unreconciled accounts or unexplained balances
WIP that does not tie to the general ledger
Retainage mixed into regular receivables
Owner and personal expenses mixed into job costs
Interim statements that change after the fact
Where this usually leads next
Most engagements start with one financial problem and grow into ongoing support.
FAQ
Questions contractors ask about this
Requirements vary by surety and bond size, but contractors are commonly asked for year-end financial statements, interim statements, a work-in-progress (WIP) schedule, A/R and A/P aging, and a list of completed jobs.
Your financial reports should answer questions.
Not create more of them.
Talk through your cash flow, job margins and reporting in a free 20-minute review. Agree the next step before any paid work — or model a contract's cash impact first with the free analyzer.
Not ready to talk? Take the 3-minute Financial Health Check.