Setting Up Your Community Association’s General Ledger

We are so pleased to be able to present to you the following excerpt from our brand new eBook, Community Association Accounting 101. This eBook focuses on the aspects of accounting that are specific to community association management, and how those aspects fit into the whole picture. The eBook offers a great introduction for new […]

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Using Home as Collateral for Delinquent Payments

How Super Liens Help Your HOA Collect on Delinquent Assessments

Read the Follow Up to this article here: FHFA Takes Sides in War Between Lenders & Community Associations Over Priority Liens Freddie Mac caused a quiet stir in the CAM industry with their announcement of new revisions on the policy governing assessment delinquencies in Super Priority Lien states. If that last sentence wasn’t gobbledygook to […]

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Different Types of Accounting Concept

How Community Association Accounting Differs From Business Accounting

What Makes Community Association Accounting Unique? We’ve spoken in the past about the differences between industry specific software such as TOPS vs generic ‘off-the-shelf’ software products. Today, I wanted to highlight one of the differences specific to community association accounting functions – how community association (CAM) Accounting uniquely differs from standard business accounting. Enjoy! If […]

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Accounts Receivable Automation: Think Outside the Lockbox

Guest Post by Craig Lee Huntington When we decided to post an article about Lockbox, the first person we talked to was Craig Lee Huntington because, well, there’s practically nothing about lockboxes that he doesn’t know. Please enjoy this blog post that gives you an experts view on this time saving accounts receivable automation tool: […]

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6 Reports That Need to Be Included in Your Condo and HOA Monthly Financial Packages

To have a true understanding of your communities’ finances, you need more than just a collection of monthly totals; you need to understand what your numbers mean and how to use them to answer specific financial questions. The answers are in your Month End Reports, often referred to as your monthly financials. You really only […]

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