Monthly WIP reporting
Cost-to-cost progress, over and under billings, and a roll-forward showing what moved and why.
WIP & bonding support
Give the work in progress a financial picture.
Keep percent complete, billings, retainage and job costs connected. Prepare reporting that supports the conversation with your surety agent and underwriter.
ComplianceThe WIP review
- Contract & changes
- Current value
- Costs & estimates
- Progress
- Earned vs. billed
- Position
- Retainage
- By contract
Illustrative structure. Your scope is agreed together.
Trace the schedule back to the books
Ready for the next question.
The schedule needs to explain what changed.
A WIP schedule is more useful when it ties to the books and has a clear basis for the estimates. Keep the underlying records and the recurring review in step.
What the work includes
Make the responsibility clear.
Retainage by contract
Separate receivable and payable retainage from current balances and maintain the supporting contract records.
Surety reporting support
Assemble the agreed quarterly package in the format the underwriter reads and work through reporting questions.
An important part of the scope
Your team’s estimates stay central.
The field and project team know the work left to perform. Current cost-to-complete estimates, approved changes and contract records are essential inputs to a meaningful schedule.
We prepare the financial picture. Bond decisions and capacity remain with the surety and underwriter.
The handoff
Know what comes
from each side.
Agree on the inputs and responsibilities so the recurring work has a practical rhythm.
- 01
You update
Cost-to-complete estimates, contract changes and project status.
- 02
We prepare
The agreed WIP, retainage schedules and financial reporting.
- 03
Your agent uses
The package to support the underwriting conversation.
One catalog. Your scope.
Build around what
your business needs.
Start with the record underneath the work. Add the required support and the elective services that fit.
- 01
Core
The foundation
Bookkeeping and reconciliation, bill entry and coding, invoicing and aging. Job costing is optional and metered.
- 02
Compliance
Built to code
The services required by your contracts, government, surety, insurer or lender. Only the items that apply to your business.
- 03
Growth
The finish out
Elective budgets, forecasts, capacity models and scenarios that support your next decisions.
- 04
Add-ons
Bolted on
Tax planning implementation, payroll processing, bill pay and collections follow-up are scoped separately.
Before either side commits
Start with your
actual books.
The free Financial Risk Assessment is required before we agree to work together. We review the risks and opportunities, then define the services your business needs. You keep the findings and the plan whether or not you go further.