Assessment Collection and Bookkeeping Services

 

For associations who need assistance with handling their financial matters, HOA Community Solutions can:

• Assist your Association in developing an effective collection policy

• Bill and collect assessments (monthly, quarterly, semi-annually, annually)

• Deposit your Association's income daily

• Provide options for owners to pay through direct debit or online with E-checks or credit cards

• Send late notices, delinquency letters and notice of lien in accordance with your policy

• Record liens for non-payment with the County Recorder

• Pay the Association's accounts payable expenses each week

• Reconcile bank accounts monthly

• Provide monthly financial reports

• Assist with annual budget development

• Prepare the Association's federal tax return for filing

• Coordinate audit and audit preparation for CPA

• Process escrow requests and bank demands