Fiscal Management

 

  • Assistance in preparation of the annual budget

 

  • Disbursal of funds as directed by the Board of Directors

 

  • Preparation of monthly Income/Expense statements, Balance Sheet, Bank Account Reconciliation & Maintenance Report

 

  • Maintenance of a separate accounts for each homeowner

 

  • Receipt, review, and processing of invoices for payment by association

 

  • Coordination with auditor to finalize year-end audit/review and tax returns

 

  • Processing and handling of delinquencies

 

  • Report generation

 

  • Direct Debit

 

  • Assessment collection & bank deposits

 

  • Reserve investment research

 

  • Maintain separate bank accounts for checking account & reserves accounts

 

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