Accounting/Bookkeeping Services

Our accounting department monitors expenses monthly, receives and processes the members’ payments, reports delinquent accounts for collections, prepares a monthly financial statement, assists the association in the finalization of the budget, prepares checks for Board signature (1 or 2 signatures as required) for payment of the association’s expenses, coordinates with association’s independent accountant for the annual audit, review, or compilation as required, institutes CPA’s recommended adjustments to the association’s financial records. Record of income, expenses, assets and liabilities shall be maintained utilizing the accrual method of accounting and association’s approved Chart of Accounts.

 

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