TOPS property management accounting software can make accounting efficient with our certified experts helping you every step along the way.
With tax season upon us, it is undoubtedly a stressful time for businesses and organizations, HOAs included. Gathering all of your financial information from the previous year can be a tedious and challenging process, and without the proper tools, you might even run into inefficiencies and inaccuracies. That’s why property management accounting software solutions like TOPS [ONE] serve to assist you in creating a streamlined accounting process, so tax season doesn’t have to be such a significant hassle. This article will go over the features of property management software and how they can help you with your accounting so you can file your 1099s with ease.
TOPS’s subsidiary, Mission Association Financial, works with property management companies and HOAs to provide all kinds of services, from full-service accounting to consulting and collections. With TOPS [ONE] software, you can take advantage of Mission Association Financial’s services and get a full-service bookkeeping firm at your fingertips. They have over 20 years of financial expertise! Not to mention, TOPS [ONE] is backed by a team of over 30 community accounting experts. When you partner with TOPS [ONE], you can rest assured that experts in the field are handling your accounting needs.
Your HOA receives hundreds of payments throughout the year, and you need the correct tools not only to keep track of all of these payments but to properly organize the data on them. That’s where TOPS [ONE]’s reporting tools come in. With the ability to collect payments online, all of your payments are in one system. This enables TOPS [ONE] to create reports based on your payments, showing how much money has come in from where. When all of the information you need is in one easy-to-access platform, the tedium and difficulty of tracking down dozens of papers and sorting through filing cabinets is a thing of the past!
Not every HOA has the accounting expertise or the administrative staff to handle the full-time accounting needs of their property. Luckily, you can put all of those tasks into the hands of TOPS’s financial management experts. Our experts have been in the property management field for over 30 years and know how to handle the ins and outs of the industry. We handle everything on your accounting plate, including:
- Creating a budget
- Assisting the board with financial issues
- Collections and foreclosures
- Homeowner phone support
You won’t need to worry about accounting ever again; we’ve got it covered.
Advanced Portals is a feature that allows residents to perform self-service on their accounts. It increases the number of payments received on time and gives residents independence over their accounts. Meanwhile, you are easily able to track information in real-time. The dashboard view ensures that information is clear and digestible so that nothing slips through the cracks. When you want to view payables, reports, and documents on demand, Advanced Portals is the tool for you. It will undoubtedly come in handy when you’re ready to complete your 1099 during tax season.
Make Tax Season Easier with TOPS [ONE] Today!
TOPS [ONE] is the tool you need this tax season. Don’t worry; you’ll find it helpful after April as well. For example, HOA Strategies found that they save 30-40 hours a month on essential accounting record-keeping with SmartBanking tools since switching from QuickBooks to TOPS [ONE]. Our software’s automated payments, collections, and bank reconciliation make it easier than ever to handle your HOA’s everyday accounting needs, and our customizability means you can mold it how you want. TOPS is supported by a team of HOA accounting experts and PCAMs who have been in the field for over 30 years. When you partner with TOPS, you know that you are getting the best in the business. Watch a demo of our software on our website, or read about our software’s many features. You’re sure to be impressed with what we have to offer.
Download a FREE eBook “CAM Accounting 101”!
In this download, this eBook helps provide a basic understanding of the unique aspects of Community Association Accounting, and gives a general overview of standard CAM accounting practices.
Here’s what you’ll learn:
- Provide Board members with the monthly financial reports they need to govern their association
- Which accounting method to use for your association management.
- Understand the accounting cycle for community management
- Identify the unique aspects of CAM accounting.
- How to set up your General Ledger.
This is the resource you’ve been waiting for.