As a Board member, you have a keen awareness of the responsibility that came to you when you were elected. Michael & Sons understands that responsibility and can provide you with the services that will keep your Board in compliance with state regulations.

Some of our accounting services include:

  • Collect assessment dues and make deposits to your operating account.
  • Carefully review vendor invoices for accuracy and allocate to the correct budget line item.
  • Prepare vendor checks twice a month to avoid any possibility of late fees.
  • Prepare a proposed annual budget for your Board’s approval.
  • Produce the various and complex elements of your monthly financial statement.
  • Prepare the required accounting records at corporate year end to submit to CPA.
  • Reconcile your vendor accounts and generate tax forms where needed.
  • Submit all appropriate tax forms to State and Federal offices.
  • Mail the budget and annual disclosures to the members.
  • Track delinquent accounts and follow up with collection/lien procedures.
  • Keep the Board current with laws and legal requirements.
  • Provide sellers with requisite information and documents for title transfers.
  • Maintain legal records of your Association.

With our accounting team working on your behalf, you can relax and know that experts have your financial picture well in hand. Give us a call today and let us show you the kind of excellent reports we provide each and every month for our contracted associations.