OUR SERVICES

Financial Accounting Services

SERVICE

Comprehensive Financial Management Services Tailored for Community Associations

We provide monthly financial reports that are community association specific in an easy-to-understand format. Financial reports include a balance sheet, income statement with actual versus budget comparison for income and expenses, check register, delinquent and pre-paid reports, bank statements and reconciliations, detailed general ledger and journal reports

Annual budgets are prepared with year-to-date actual and manager projections and replacement schedules in accordance with Florida Statutes. Budget packages include detailed notes by line item to explain budgeted figures

We prepare delinquent reports, mail owner reminder letters and assist in the timely filing of liens with the association’s attorney and closely monitor payment progress

Collect all maintenance and special assessment payments
Prepare delinquent reports, mail owner reminder letters and assist in the timely filing of liens with the association’s attorney and closely monitor payment progress
Assist Boards with special project funding options
Maintain a current database of owner mailing addresses and additional contact information as provided
Prepare estoppel verification for real estate closings
Establish a bank lock box that electronically downloads information daily
The banking facility specializes in community associations and their specific banking needs
Pay all approved association expenses
Mail and file vendor 1099 forms with the IRS
Provide year-end financial reporting to the membership