Accounting

Preparing For Your Community Audit When running an HOA or community association, it’s important to be aware of your state’s rules regarding community audits. Many states require HOA communities to perform an audit once a year, and even if your state doesn’t, you should budget for one anyway. Audits are important in determining your community’s […]

Preparing for Budget Season With the start of the new year comes a lot of future planning for community managers. This means taking a hard look at your financials and determining how you will budget for the new year. Your annual budget effects all aspects of your community. How much will you spend on the […]

Be a Better Property Manager This Year As we leave 2020 in the past and focus on the new year, property managers should make some resolutions to help improve business and culture in their community. There’s always room for improvement and there are many ways for property managers to start the new year off on […]

Time to Get Automated At TOPS, we know there usually aren’t enough hours in the day for all your property management needs. That is why we strive to make our software as simple as possible and offer various forms of automation. With automated services, you can complete a number of tasks before they become an […]

Get the Best Financial Reporting with More Features Financial reporting can be a tricky area for many property management companies and HOAs. It’s important for companies to have accurate financial reporting for many reasons. If your reporting is off, then you leave your community open to financial or even legal issues. If reporting is accurate, […]

Managing Collections One of the toughest but most important tasks for a community manager is managing delinquency payments. Delinquency collections are a tricky area for managers since they involve late payments from residents and can cause a rift between residents and the office. Fortunately, TOPS makes it easier to manage your delinquency burden. Here are […]

Why You Should Update Your Software One of the biggest ways people sell themselves short is by avoiding software updates. Whether it’s your phone, computer, or other software systems, we try to avoid updates. This could be because we’re satisfied with the system as it is or don’t want to wait for the updates to […]

It’s Time to Go Paperless With the increased use and reliance on technology, now is the perfect time for your community to consider paperless options whenever possible. In today’s climate, people are used to paying bills online at their convenience, whether it’s their phone, car, electric, or other utilities. Online payments are faster and easier […]

Staying Organized with HOA Vendors As any community manager knows, managing your community is a huge responsibility. And HOA vendor relations is an essential part of the job.  It takes a team of people to keep your community running, clean, and up to code. In order to help achieve this, community managers often find help […]

QuickBooks Vs. HOA Software QuickBooks or traditional HOA software? That is a question communities face when it comes time to pick the best HOA software for your community accounting. It’s true QuickBooks will work for any HOA and allow you to handle your accounting in one system. However, this may not be the best option. […]