Software Recommendations for HOA

Started by JimH29 • 3 replies • 559 views

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JimH29 (Florida)
Posts: 63

Posted:

Yeah...finally gor the HOA and the treasurer to transfer all financial records to an approved vendor that specializes in HOA financials.

Any recommendations that I can bring to our board....along with costs, whether it is one time or monthly fees.

We are a 56 single unit development in Florida.

Thanking all in advance.

Jim

TimB4 (Tennessee)
Posts: 21,059

Posted:

Jim,

130 home HOA.
We use excel spreadsheets and a check book register for financials.

TimB4 (Tennessee)
Posts: 21,059

Posted:

See following threads on this forum:

http://www.hoatalk.com/Forum/tabid/55/forumid/1/postid/253265/view/topic/Default.aspx

http://www.hoatalk.com/Forum/tabid/55/forumid/1/postid/206911/view/topic/Default.aspx

http://www.hoatalk.com/Forum/tabid/55/forumid/1/postid/178731/view/topic/Default.aspx

http://www.hoatalk.com/Forum/tabid/55/forumid/1/postid/49719/view/topic/Default.aspx

http://www.hoatalk.com/Forum/tabid/55/forumid/1/postid/198556/view/topic/Default.aspx

JohnC46 (South Carolina)
Posts: 14,265

Posted:

Jim

I doubt you could get a management firm for less than $400.00 per month and it would be basic bookkeeping like collecting dues, paying bills, providing monthly financial reports, writing letters, etc. versus hands on management.

If your association is simple enough (no amenities, no staff, etc.) then consider being self managed. This would require at least two people on the BOD willing to be hands on like write checks, create reports, etc. The dues could be collected via a bank lock box.

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