Financial Systems for Spec Home Builders & Commercial Trades

High-stakes projects require financial clarity. We help you track costs, cash flow, and progress accurately—before problems become expensive.

Spec Home Builders - Financial Management Services | Salisbury Bookkeeping

Spec Home Builders

You're covering land, permits, materials, and interest—all before a buyer signs.

What makes spec building hard to track financially?

Cash goes out for months before anything comes in. Interest accrues daily. Your lender wants reports your bookkeeper has never built.

What do we handle for spec builders?

Construction loan draws · Carrying costs · Budget vs. actual by phase · Cost-to-complete · Revenue recognition · Buildertrend, Procore, Knowify sync

Financials your bank accepts. Numbers you can use.
Commercial Subcontractors - Financial Management Services | Salisbury Bookkeeping

Commercial Subcontractors

Late payments, retainage holds, and labor-heavy costs. You're doing the work—but the money moves on someone else's schedule.

Why is cash flow so hard for subcontractors?

You bill after work is done. GCs pay when they get paid. Retainage ties up 5-10% for months. Meanwhile, payroll hits every week.

What do we handle for subcontractors?

Progress billing accuracy · Retainage management · Labor allocation by job/phase · Burden cost tracking · WIP schedules · Over/under billing corrections · AR cycle management · Buildertrend, Procore, Knowify sync

Financial consistency across multiple jobs and GCs.
Construction Financial System - Salisbury Bookkeeping

Our Construction Financial System

Built for how contractors actually work.

What's included in your system?

Everything you need to see job profitability in real time, stay compliant, and make decisions with confidence.

NAHB Cost Codes

Books organized by phases, trades, and job components.

Real-Time Job Costing

Labor, materials, subs, equipment, overhead—tracked live.

PM Software Integration

Buildertrend, Procore, Knowify → QuickBooks. No double entry.

Cost-to-Complete

Know what's left to spend and if profit is at risk.

WIP Reporting

Over/under billing and earned revenue—monthly.

Cash Flow Forecasting

Timed around draws, payroll, vendors, material spikes.

Custom Dashboards

Built with your most important KPIs so you can make real-time decisions.

Spec builders choose us for bank-ready financial complexity. Trades choose us for simplified billing and job costing.

Both get clarity, predictability, and profitability.

Construction bookkeeping in Utah, serving nationwide.
FAQ - Spec Builders & Commercial Subcontractors | Salisbury Bookkeeping

Frequently Asked Questions

Quick answers for spec builders and commercial subcontractors

How do you track construction loan draws for spec builders?

We reconcile every draw against your lender's schedule, track interest and carrying costs by project, and ensure your books match what the bank sees. You'll have documentation ready for every draw request without scrambling.

How do you handle retainage for subcontractors?

We track retainage separately by job and GC, age it properly, and forecast when it will release. You'll always know how much is being held, by whom, and when to expect payment.

What if I have multiple GCs paying on different schedules?

We track AR aging by GC so you can see who pays on time and who doesn't. Cash flow forecasting accounts for each GC's payment patterns so you're never surprised by gaps.

Can you help if my books are a mess right now?

Yes. We start with a cleanup and restructuring phase to get your books accurate before building the ongoing system. Most contractors we work with start in exactly this position.

Do you work with contractors outside Utah?

Absolutely. We're cloud-based and work with contractors nationwide. Our systems are built for remote collaboration with real-time access to dashboards and reports.

Have a question we didn't answer?

Schedule a Free Consultation