Funds are the lifeblood of homeowners associations, which is why proper accounting is so valuable. With professional services, your HOA board won’t have to worry about financial management.
HOA Accounting Services in South California
Most homeowners associations need help with accounting and financial management. Given the role finances play in an HOA, it’s important to be well-versed in both aspects. Not all board members are expected to have such expertise, which is where Personalized Property Management comes in.
We offer a variety of HOA accounting services, including the following:
Accounts Payable and Receivable
Our AP and AR services ensure timely payments and accurate tracking of cash flow. Rest assured, all aspects of your accounts payable and receivable will be in good working order.
General Ledger
Our team maintains a detailed general ledger to provide a clear overview of your HOA’s financial transactions and performance.
Work Order Maintenance
Here at PPM, we pride ourselves on efficient work order management. We facilitate the timely resolution of maintenance issues while maintaining accurate records of all related expenses.
Budgeting
We assist in creating comprehensive budgets tailored to your HOA’s needs. This allows for effective financial planning, resource allocation, and expense estimates.
Payroll
Our system allows you to streamline payroll processing for staff members and ensure on-time disbursements. We also help maintain compliance with all relevant regulations.
Banking Modules
Our banking modules support various payment methods, including ACH, credit cards, and lockbox processing. With PPM, homeowners can look forward to flexibility and convenience in all financial transactions.
Financial Statements
With PPM, you can expect the following financial statements:
Balance Sheet
Income vs. Expense Statement
Bank Transaction Report
All Original Bank Statements and Reconciliation Reports
Accounts Receivable Summary
Transparent Monitoring
Transparency is the key to effective and accountable HOA management. Our software allows board members to access real-time financial data remotely, allowing easy tracking.
Unparalleled Accounting for HOAs
At Personalized Property Management, we understand the intricacies of managing HOA finances. Our expert team is dedicated to providing efficient, accurate, and transparent accounting solutions. With our services, you can streamline your financial operations, ensure compliance, and look forward to timely and reliable services.
With more than 30 years of experience, we can help your association maximize every dollar. Call us today at 760-325-9500 or email us at info@ppminternet.com for South California homeowners association accounting!