Sometimes you just need someone to do it all.
Receivables Management
- Generation of Assessment Charges
- Post miscellaneous charges and adjustments to Homeowner Accounts
- Late Fee and Interest Charges
- Lock Box Payment Posting
- Manual Payment Posting
- eCheck & Credit Card Payment Posting
- ACH Payment Posting
- Returned Payment Posting
- Refund Homeowner Payments/Credit Balances
- Transfers of Ownership (Resale processing)
- Monthly Billing Statements or Yearly Coupon Books processed through LetterStream
Payables Entry
- Payables and Vendor Payment Processing through Strong Room
- Payroll General Ledger Entries for Associations Payroll
- Once per month Debit Card transaction entry
- 1099 processing for vendors
Monthly Financials
- Daily Reconciliation of Bank Accounts for Partner Banks*
- Monthly Financial Reports produced by the 5th business day of each month
- Standardized Month End Financial Report Package
- Balance Sheet (Operating and Reserve)
- Income Statement (Operating and Reserve)
- Aged Receivables
- Aged Payables (for accrual accounting only)
- Cash Disbursement Report
- Bank Account Reconciliation Report
- Bank Account Statements (Partner Banks only)
Budgeting
- Annual creation of a draft budget for each association
Collections
- Processing of 30,60,90 day collection letters through LetterStream