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HOA Financial Administration

Because of our quest of transparency for all associations to its members, we also offer each month, 8 reports to ALL homeowners to see the HOA financial administration status. We provide a budget report to show how the association is performing financially, a vendor report showing what invoices have been presented and if they have been paid, we provide a bank balances report, a quick snapshot with graphs and a financial summary for a review of what transpired that month.

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HOA Financial Administration/What We Do

 

  • Manage and oversee billings and payment procedures
  • Issue payment books or statements and past-due notices
  • Provide for regular collections practices and procedures
  • Keep accurate books for accounting and provide monthly financial reports. The reports include trial balance, profit and loss, detailed vendor transaction list and collections report
  • Compare and monitor existing budget with the actual expenditures

  • Interact with homeowners regarding account information
  • Manage financial reporting & accounting processes
  • Liberty Management will assist with audits & reviews
  • Provide liaison with association's attorney
  • Facilitate real estate transactions
  • Liberty will assist with preparation and distribution of the budget
  • Assist with annual budget & reserves

Our Affiliations

Community Associations Institute All Property Featured Manager HOAM-Badge
Liberty Community Management, Inc., Property Management, Loganville, GA

HOA Horror Stories

HOA Litigation Is No Fun- Is it avoidable?
Sep 05, 2013
Liberty Community Management, Inc., Property Management, Loganville, GA
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