‘Healthy finances are critical to the sound operation of a
community. We take great pride in our ability to manage the critical areas
of our client's financial activity while ensuring the security of the Association's assets.’
We place our greatest emphasis on our accounting and our proven ability to manage our clients' funds. All
accounts are managed by a network computer system which has the capability
of customizing reports, allowing us to sort, summarize, arrange and output
a variety of property data just the way you want it. Reports can be as
simple or elaborate as your needs require.
Itemized Accounting services that we offer
Assure that all operating,
reserve and other accounts are properly set up, maintained, and reconciled.
Enforce collection of monthly
assessments and other charges. Maintain aggressive follow-up action on all
unpaid assessments or fees. Administer an automatic withdrawal program for
homeowners who wish to have their monthly assessments automatically
deducted from their bank account.
Keep accurate records of
homeowner occupancy and receipts. Distribute coupon billing booklets to all
current and new homeowners.
Approve time sheets,
distribute payroll and prepare necessary tax reports for all on-site
Prepare annual operating
budget for review and approval by the Board and/or Association. Help the
Board maintain a long-range capital replacement reserve schedule.
Approve and pay all invoices
twice per month in accordance with the budget. Provide copies of all bills
and invoices paid from the Association's account if requested.
Prepare monthly financial
statements showing total monthly and year-to-date activity by line item.
Compare budgeted income and expenses to actual income and expenses and
suggest corrective action to the Board when advisable.
Assist the Association's outside accountant/auditor in performing the annual audit
and federal income tax preparation.