Accounting Services
Property Management Services <-back
- Accounting Services
- Maintain Association financial records
- Maintain checking, savings and other banking accounts in the name of the Association
- Collection of fees
- Billing of maintenance fees
- Statements to residents & past due collection letters
- Receipt of invoices from vendors
- Bank reconciliation
- Preparation of materials necessary for annual audit
- Daily bank deposits into a separate operating account for each property
- Pay all bills related to the operation of the association in a timely manner
- Furnish comprehensive monthly financial reports to the Board
- Assists Board in the preparation of Annual Operating Budget and Reserve Expense Budgets
- Insure proper billing of residents and builder/developer lot assessments as it applies
- Online assessment payment through ACH
- Reduce delinquencies through a disciplined process using each community’s collection policy
- Coordination with attorney to facilitate legal collections of delinquent accounts, liens recording, and court appearances, when necessary
