Financial Services

Community Association Management attentively governs and reports for a more solid financial organization.

Accounts Payable

• Tracks and maintain all association’s contractual, utilities, and service obligations on a timely basis

Accounts Receivable

• Tracks association assessments on a consistent and timely basis
• Initiate collection proceedings as necessary, including late letters, late fees and coordinate liens for the foreclosure process to begin

Assessment Collections

• Provide assessment notification to homeowners
• Arrange automatic payment, as necessary, allowing homeowners to pay assessments through the Electronics Fund Transfer (EFT) from their elected bank account
• Deposit funds received into operating accounts for the most up-to-date balance

Audit and Tax Preparation

• Coordinate year-end financial audit and tax return preparation by the association’s independent certified public accountant

Budgets

• Prepare an annual budget draft for review of the Board of Directors

Collection Liaison

• Assist Board of Directors with collections of past due accounts with an attorney or collection agent

Financial Reports

• Prepare and present accurate and timely monthly financials

Reserves Schedule

• Assist in preparing a long-range replacement reserve schedule and financial plan by accredited reserve specialist

For more information and to request a proposal please use our Online Request Form.

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