Accounting, Automation

These 5 Powerful Property Management Automations Will Level Up Your Workflow

Do you ever feel that property management work never seems to end? Or do you wonder how property management automation might help with the continual stress? Truly, HOA management includes a constant stream of accounting tasks, requests and queries, violation tracking, documentation, and financial reports. And that’s only to name a few. Multiply that by […]

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Accounting

Predicting and Accounting for Community Association Expenses

Taking charge of a community association budget requires a great deal of planning and preparation and detailed, accurate record keeping. While some community associations employ a property management accountant to handle their financial affairs, others share the responsibilities between their board members and volunteers. In either case, predicting and accounting for annual expenses is a […]

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Downloads, HOA

Absolutely Must-Follow Best Practices for HOA Liabilities and Protections

Since your HOA is a legally recognized entity, it makes sense that it can come up against legal disputes and lawsuits like any other organization. And because you and your fellow board members are also responsible for your community’s physical, human, and financial affairs, there’s often extra awareness around HOA liabilities and protections. Of course, […]

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Accounting

How to Stop Using Quickbooks and Manage Your HOA More Efficiently

Are you considering alternatives to Quickbooks? If you are a board member managing an HOA, there are certainly more tools at your disposal that you should contemplate. Sure, Quickbooks is great for bookkeeping and invoicing, but it is not the most efficient software for comprehensive HOA management. We don’t have to tell you that community […]

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How To Manage Your HOA Elections Process

As part of a homeowners association (HOA), you know how important it is to have reliable, trustworthy, and dedicated board members overseeing your community association. HOA board members are elected from within the community, by the community, and the processes surrounding these elections differ from association to association. However, some general guidelines will help you […]

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How Much Does Property Management Software Cost?

Property management comes with a lot to juggle. So, it simply makes sense to organize the workload with software dedicated to the task and which reduces the heavy lifting. Reporting, accounting, communications — these are just a few things that have to be managed on a day-to-day basis. But that’s where a software solution can […]

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How to Build a Great HOA Board

The key to any successful homeowners association is having a competent and dedicated board of directors. HOA board members are responsible for running their community and overseeing its legal and financial business. They are democratically elected by the HOA members and make decisions on their behalf. The exact workings of any HOA vary from association […]

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Basic Requirements of HOA Accounting and Reporting

As a Homeowners Association Board Member, you have many responsibilities and duties regarding your residential community, and one of the most important among them is accountancy. Though your HOA is not profit-driven, the association still handles revenue and incurs expenses like any other business organization. It is, therefore, essential that you feel informed about the […]

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Should Your HOA Go Self-Managed?

For most HOAs, there are two options: work with a property management company to handle the day-to-day operations of your organization or go self-managed and take on all the responsibility in-house.But which of these is the right solution for your HOA? And how can you ensure that everything runs smoothly if you choose to go […]

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What Is Community Association Management Software?

Community association management software is what condominiums, and residential community managers use to automate their daily operations. There are many different tasks involved in managing a residential community, from handling vendors to resident needs to payments and everything in between. Trying to oversee all of this manually requires a lot of human resources and time […]

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Simplify Receivables with Property Management Payment Software

Property management software simplifies all aspects of property management, especially the payment process. There are many reasons to consider property management automation software for your community. It streamlines many of your procedures, from communication to self-service for owners to handling payments and financials for your board, owners, and vendors. Property management payment software has many […]

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5 Property Management Software Tips for 2022

Ensure that your property management software is intuitive, effective, and trusted so it can support your HOA in the long term. To run your HOA in the most efficient and streamlined way possible, you need the best tools of the trade at your disposal. Property management automation software is one of the best assets you […]

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Best Practices for Automating HOA Payments

HOA payments should be simple and streamlined for both the homeowner and the board. There are a lot of benefits when it comes to automating your HOA payments for your homeowners. It makes things easier for everyone involved, including the board and the homeowner. The benefits of paying HOA dues online are extensive, including but […]

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Online Options When Paying HOA Dues

HOA payments should be simple and streamlined for both the homeowner and the board. There are a lot of benefits when it comes to automating your HOA payments for your homeowners. It makes things easier for everyone involved, including the board and the homeowner. The benefits of paying HOA dues online are extensive, including but […]

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