Bookkeeping for Surety Bonding Financial Records
Underwriters Can Trust
SuretyCFO provides construction-focused bookkeeping services designed specifically to support surety bonding. Our bookkeeping is not generic data entry. It is structured to produce accurate, consistent financial records that align with surety and underwriting expectations.
Clean books are the foundation of bonding capacity.
Why Bookkeeping Matters for Bonding
Surety underwriters rely on your books to assess.
Inaccurate or inconsistent bookkeeping creates doubt, delays approvals, and can limit bonding capacity even for profitable contractors.
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SuretyCFO helps contractors maintain books that stand up to underwriting review.
Working capital
Liquidity
Job performance
Financial discipline
What We Offer
01
Construction-Specific Chart of Accounts
We structure your chart of accounts to support:
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Clear job cost reporting
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Accurate WIP schedules
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Consistent financial statements
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Easy review by CPAs and underwriters
This prevents misclassification that distorts margins and working capital.
02
Job Costing and Cost Classification
Accurate job costing is critical to bonding.
Our bookkeeping ensures:
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Direct costs are properly coded to jobs
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Overhead is handled consistently
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Labor, materials, and subcontract costs are tracked accurately
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Job performance reflects reality, not guesswork
03
Monthly Reconciliation and Close
We perform timely monthly closes that include:
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Bank and credit card reconciliations
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Review of receivables and payables
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Identification of unusual or aging balances
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Clean month-end financials ready for review
This supports consistent reporting to agents, CPAs, and sureties.
04
Retainage and Receivables Tracking
Retainage and aging receivables directly affect working capital.
We track:
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Retainage separately from billings
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A/R aging with underwriter visibility
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Collection issues before they become bonding concerns
05
​Work-in-Progress (WIP) Support
Bookkeeping feeds WIP accuracy.
Our bookkeeping services support:
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Reliable percent-complete calculations
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Consistent cost-to-complete data
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Alignment between job costs and WIP schedules
This reduces underwriting questions and submission delays.
06
Bond-Ready Financial Statements
We produce financials that are:
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Consistent month to month
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Aligned with WIP and job costing
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Easy for CPAs to compile or review
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Credible in the eyes of surety underwriters
Who Our Bookkeeping Services Are For
SuretyCFO bookkeeping is ideal for.
Contractors performing bonded work
Construction companies seeking higher bonding limits
Firms struggling with WIP accuracy
Contractors who want fewer underwriting surprises
How SuretyCFO Bookkeeping Is Different
Most bookkeeping focuses on transaction entry.
SuretyCFO bookkeeping focuses on:
Bonding readiness
Underwriter confidence
Financial clarity
Long-term capacity support
Every entry supports the bigger picture.
The Outcome
With SuretyCFO bookkeeping, contractors gain:
Clean, consistent financial records
Stronger WIP support
Improved working capital visibility
Faster, smoother bond reviews
A solid foundation for CFO and tax services