Bookkeeping Services

We offer bookkeeping services, accounting services and administrative services for condominiuims and homeowners' associations.  The following are our bookkeeping services:

QuickBooks Setup

• Set up Chart of Accounts to match your annual budget
• Set up Accounts Receivable - unit number, name, contact information and beginning balances
• Set up Accounts Payable - vendors, contact information and beginning balances
• Set up Payroll - employees' contact information, payroll deductions and beginning balances
• Set up Financial Reporting - reports to give you accurate information to make your business decisions and other custom reports, as needed

Accounts Receivable

• Establish accounts for individual unit owners
• Process maintenance fees and special assessments as required
• Post deposits of unit owner payments and other revenue items
• Manage automatic withdrawal of maintenance fees as authorized by unit owners
• Provide online access to unit owner account information
• Provide online payment of fees by e-check
• Prepare delinquency reports for the Board of Directors
• Send delinquency notices to unit owners
• Provide account information to Association's collection agent or attorney

Accounts Payable

• Establish accounts for vendors and other service providers
• Record bills and invoices to accounts payable bookkeeping system
• Prepare payment remittances for outstanding bills and invoices
• Remit payments to vendors and service providers
• Provide Association with detailed report of paid bills and invoices

Payroll Processing and Taxes

• Payroll Management (setup and maintain employee records)
• Payroll Direct Deposit of employee wages
• Online Payroll Tax Payments
• Quarterly 941 Reports
• Quarterly State Reporting
• Annual W-2's and 1099's
• Annual Form 940 Preparation

Monthly Reporting

• Review all monthly transactions
• Reconcile bank statements to accounting records
• Prepare monthly financial statements and detailed transaction schedules
• Transmit financial records to the Association

Click here Accounting Services

Click here Administrative Services