ACCOUNTING & BOOKKEEPING

Running to the bank every day or even once a week can be time-consuming. We are happy to handle the billing and collections for you. Removing you from the often uncomfortable position of having to collect money from your neighbors or chase down delinquent accounts. The ability to collect assessments in a timely manner is largely dependent upon the association’s collection policy. If your community does not have a written policy, we will gladly assist you in developing an effective policy. With a strong policy in place, we simply put your plan into practice:

• Bill and collect the association’s assessments and any other fees and charges

• Deposit the association's revenue daily using a secure lockbox system through Alliance Association Bank

• Provide options for owners to pay electronically with E-checks, debit cards, or credit cards

• Send late notices and delinquency notices in accordance with your policy

• Record liens for non-payment with the County Recorder

Additionally, we:

• Pay the association's vendors, utilities and other expenses on a weekly basis

• Reconcile bank accounts at the close of each month

• Provide monthly financial reports

• Assist with annual budget development

• Prepare the necessary documents for the association to file the federal tax return

• Coordinate audit and audit preparation for CPA

• Process all resale demands and document requests from the title companies 

• File annual report with Washington Secretary of State