What construction software do you integrate with?

Buildertrend, Procore, CoConstruct, and Knowify all sync to QuickBooks Online. Eliminates double entry and gives you real-time job costing visibility.

How quickly can you show results?

Visibility in 30 days, revenue recovery in 60 days, full clarity in 90 days. Most clients see $28K plus recovered and measurable cash flow improvement in the first 60 days.

Salisbury Bookkeeping provides fractional CFO services for spec home builders and commercial subcontractors. We handle construction loan draw tracking, retainage management, WIP reporting for bonding, progress billing, labor burden allocation, and 13-week cash flow forecasting — built for contractors who front cash for months before getting paid.

Fractional CFO Services for Spec Builders & Commercial Subcontractors

Q: How does Salisbury Bookkeeping handle construction loan draw tracking?

We build draw schedules aligned with lender requirements, track costs by phase, and generate bank-ready reports that get approved in days, not weeks. Every draw request matches actual costs incurred.

Q: What is retainage and how do you track it?

Retainage is the 5 to 10 percent withheld by GCs until project completion. We track it by job, by GC, and by aging so you always know what's held, when it's due, and when to follow up. One client recovered $34,000 in forgotten retainage in Q1.

Q: How does WIP reporting help with bonding?

WIP reports show over and under billing on each job and earned revenue by project. Bonding companies require these to assess your capacity. We generate monthly WIP schedules that keep you ASC 606 compliant and your surety confident.

You're fronting cash for months on spec homes or waiting 90 days for a GC to release retainage. Your financial system should work as hard as your crew — not against them.

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Two Trades, Two Financial Worlds

Spec builders and commercial subs face different cash flow timing — but both need construction-grade financial systems to stay profitable.

Spec Home Builders

Cash goes out for months before anything comes in. Interest accrues daily. Your lender wants bank-ready reports your bookkeeper has never built. We track carrying costs by phase, align draws to lender requirements, and project true profitability per lot.

Construction loan draws Carrying cost tracking Budget vs. actual per lot Cost-to-complete projections ASC 606 compliance Sale timing projections

Commercial Subcontractors

You bill after work is done. GCs pay when they get paid. Retainage ties up 5–10% for months. Payroll hits every week regardless. We track retainage by job and GC, forecast cash 60–90 days ahead, and build WIP schedules your surety trusts.

Progress billing & AIA docs Retainage by job & GC Labor burden allocation WIP for bonding AR cycle management 13-week cash forecast

Free Tool — 7 Pillars Assessment

How Healthy Are Your Financial Systems?

Score yourself across the 7 pillars of construction financial health. Takes about 2 minutes.

What Contractors Are Saying

★★★★★

"Recovered $8,000 in change orders in 60 days. The system makes it impossible for billable work to slip through."

Zach

Custom Home Builder

★★★★★

"Real-time job profitability changed how I bid. Pricing accuracy improved 2% — on a $2M pipeline, that's real money."

Dave

Residential Remodeler

★★★★★

"I know my cash position 2 months out. AR dropped 21 days. I don't chase payments anymore."

Adam

Commercial Contractor

★★★★★

"Found $34,000 in forgotten retainage in Q1. Now we track every dollar held across all our GCs."

Rachel K.

Electrical Subcontractor

★★★★★

"Bank-ready draw reports approved in days, not weeks. Cut our carrying costs by knowing exactly where we stand."

Marcus T.

Spec Home Builder

Questions About Spec & Commercial Services

We build draw schedules aligned with your lender requirements, track costs by phase, and generate bank-ready reports that get approved in days, not weeks. Every draw request matches actual costs incurred.

Retainage is the 5–10% withheld by GCs until project completion. We track it by job, by GC, and by aging — so you always know what's held, when it's due, and when to follow up. One client recovered $34,000 in forgotten retainage in Q1.

WIP (Work-in-Progress) reports show over/under billing on each job and earned revenue by project. Bonding companies require these to assess your capacity. We generate monthly WIP schedules that keep you ASC 606 compliant and your surety confident.

Buildertrend, Procore, CoConstruct, and Knowify — all synced to QuickBooks Online. Eliminates double entry and gives you real-time job costing visibility. See our full tech stack.

Standard accounting tracks by date. Construction tracks by project, phase, and cost code — showing which jobs are profitable and which are bleeding money. We use NAHB-standard cost codes that banks and bonding companies expect.

Yes. Based in Eagle Mountain, Utah, but our cloud-based systems serve spec builders and commercial subs nationwide. QuickBooks Online, Buildertrend, Procore — all work in real-time from anywhere.

Visibility in 30 days, revenue recovery in 60 days, full clarity in 90 days. Most clients see $28K+ recovered and measurable cash flow improvement in the first 60 days. See our case studies.

Salisbury Bookkeeping — Eagle Mountain, Utah · Serving contractors nationwide · Last updated: March 2026

Trusted Integrations & Memberships

Stop Guessing. Start Seeing.

Whether you're managing construction loans or juggling multiple GCs — book a free 30-minute assessment. No pitch, just clarity.

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Or call/text: 385-374-9295

Salisbury Bookkeeping — Eagle Mountain, Utah · Serving contractors nationwide