Home Owners Associations
BOOKKEEPING: HOA Accounting
Accounts Receivable:
- Receive monthly contributions (HOA Fees) – monthly automatic withdrawal available
- Follow-up of delinquent accounts – 30, 60, 90 day notices
- Prepare and register caveats and initiate subsequent legal commencement as required
Accounts Payable:
- Prepare cheques for payment of invoices -board signature (approval) required
- Submit government remittance as required
- Monthly financial reporting – e-mailable
- Maintain operating and reserve fund bank accounts and reserve fund investments
- Prepare records for annual audit as required
ADMINISTRATIVE:
- Prepare annual “draft” operating budget for HOA board approval
- Prepare and distribute annual assessment notices and approved budget to all homeowners
- Prepare and distribute AGM notice and proxy – Attendance of AGM
- Provide documents as requested – in accordance with SOCIETIES ACT
- G.S.T. filings
MISCELLANEOUS:
- Project Management – (Time and Disbursements)
