We Can Help Your Condominium Association Keep Running...

Condominium Association Accounting Services 

The services to be supplied include all of the following activities:

• Collect and record all dues paid by the residents
• Collection letter to all past due residents
• Prepare closing letter for mortgage company
• Make all bank deposits
• Prepare all checks
• Monthly bank account reconciliation
• Monthly financial report to the board
• Annual financial report to the residents
• Order and distribute annual payment books
• Prepare and file Form 1120-H Tax Return
• Available to attend meetings when necessary

The fees for the above services, for each 50 residences are:

• one-time setup charge of $300
• monthly fee of $250
• Additional fees can apply for any extraordinary activities or reporting not listed above.