Archive for September 2021
Putting Off the Transition to HOA Accounting Software? Here’s How It’s Costing You
Many self managed associations agree: HOA accounting software costs less than hiring a third-party property manager and makes community management easier. Yet some HOA treasurers may still hesitate to make the transition. You may be looking at the cost-benefit of integrating a whole new management software system and wonder if it’s just too much work.…
Read More8 Things Your Self Managed HOA Board Should Review Every Year
Self managed HOAs and the volunteers who run them have a lot on their plate. Between pursuing new projects, keeping up with collections, and building reserves, it can be difficult for HOAs to raise their nose from the grindstone and re-evaluate key documents and contracts that may cause bigger issues down the road. Self managed…
Read MoreSelf Management 101: 10 Questions Your Governing Documents Should Answer
Every successful homeowners association has one thing in common: how well they understand and follow their governing documents. For a self managed HOA, these documents play a critical role in the daily decisions made in managing a community. The main documents governing an HOA and its residents include: · Covenants, Conditions, &…
Read More5 Digital Registration Tips for Smoother Event Organization
Barbecues, birthday parties, fundraisers — community events are a bonding experience that bring the members of your homeowners association together. Whether your event is large or small for the sake of saving money, you’ll need a structured process for staying organized and keeping track of your event’s attendees. Online and digital registration technology has come…
Read MoreSelf Managed HOA Accounting Fundamentals
If you already have experience accounting or bookkeeping, you may feel completely prepared to volunteer as your HOA’s treasurer. As you learn the role, however, you may find that not all accounting is created equal. The right HOA accounting software can help with the steep learning curve of managing your HOA’s finances. Managing the finances…
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