Budgets & Reporting
We pride ourselves on our knowledgeable, detail-oriented financial staff. Presenting your community’s financial picture with clarity and accuracy is of vital importance.
We ensure detailed preparation of community budgets and track outlays through monthly financial reports with variance analysis and bank reconciliation.
Additional services include processing of Accounts Payable on a weekly basis, oversight of investments in conjunction with trusted brokerage firms, year-end accounting, coordination of audits and tax preparation with the Association’s independent CPA, and annual processing of 1099 and 1096 forms.
Billing & Collections
Assessment billing statements are produced with options for electronic delivery and notifications.
Multiple payment methods are available to homeowners, including daily lockbox processing, Automatic Clearing House (ACH) payments, and payments via our homeowner web portal, along with credit card processing through PayLease.
Along with production of monthly delinquency reports, we also offer in-house collection services. Beginning with reviewing each Community’s unique governing documents and guidelines to adhere to the Association’s specific needs, our comprehensive collection procedures also include:
- Title and vesting inquiries
- Lien and small claims services
- Bankruptcy monitoring, including proof of claims and automatic stays
- Coordination with county sheriff for wage levies, garnishments, and interception of rents
- Coordination with collection firms for judicial and nonjudicial foreclosure proceedings