When preparing your financial statements for the HOA, it’s
important to carefully consider the basis of accounting that your organization
utilizes. The basis of accounting chosen can have a significant impact on the
HOA’s financials moving forward. To help you to understand the models of
accounting available, our Asyst HOA accounting software experts highlight three options within this latest
post.
In the process of operating a condo building and ensuring
that residents within the building enjoy their ideal lifestyle, managers must
harness the latest software. Modern condo management software helps provide
management staff with effective support as they complete their work, from
accounting solutions to services management. But before investing in condo management software, building operators must commit to their
research. In this latest post, we’ll highlight four questions to review when
selecting condo management software
The HOA of a building is required to balance the financial
needs of all residents while ensuring the building is maintained effectively.
Some HOAs find it difficult to keep this balance intact over the long-term,
causing budget overruns and the loss of tenants within the property. A great
tool for ensuring budgetary prudence is HOA software, and in this latest post,
we’ll explain how HOA software helps reduce building expenditures.
