Financial Management

Every community we manage gets its own operating and reserve accounts, held separately from ours and reconciled monthly. Boards see the same numbers we do, in the same portal, on the same day they post.

We handle the whole cycle: assessments go out on schedule, payments post automatically, delinquencies follow the policy your board approved, and the month closes with a statement package that reads clearly to a treasurer who is not an accountant.

What’s included

• Monthly financial statements: balance sheet, income and expense against budget, general ledger, and bank reconciliations
• Assessment billing and collection, with autopay, card, and ACH options for homeowners
• Delinquency management following your adopted collection policy, escalating to lien filing and attorney referral
• Annual budget preparation with the board, including line-item history and proposed assessment scenarios
• Reserve fund planning and coordination of independent reserve studies
• Accounts payable and vendor bill pay with dual-approval controls
• Coordination of annual audits, reviews, and tax return preparation with your CPA

Common questions

Who holds the association’s funds?

Your association does. Accounts are opened in the association’s name and tax ID at a federally insured bank. We are an authorised signer for approved disbursements only, and the board retains full visibility and control.

How quickly can we see our numbers?

Financial packages post to the board portal by the 15th of the following month. Real-time balances, delinquency reports, and paid invoices are visible any time.