Accounting Services

For those communities who choose our Financial only services we provide:

* Monthly HOA financial statements prepared for and presented by our in-house CPA, for each community

* all A/R services processed at CMI, with several dues payment options to choose from:

your own Bank Bill Pay, which you set up online between you and your bank – they will send monthly pre designated payments for you.

Pay by check: you write and send by mail your own personal checks. You are in control. You can choose to pay monthly or semi-annually, or yearly,. Please send your personal check payments prior to the 10^th of the month and include your payment coupon(s) for the months you are paying. Please pay the entire balance each month, to avoid late fees on “short” payments.

AUTOPAY: you can request to have your dues payments withdrawn monthly by a 3^rd party contractor who provides this service for Community Management residents. Send in the AUTO PAY form for your property and attach a copy of your voided check, prior to the 1^st day of the month. If received later than the 1^st day of the month, your account will not be charged until the following month and you will need to include with your request form, a check to pay for the current month’s dues.

Coming soon– based on Homeowner commitment, we may soon contract with a secure payment processing provider to give you access to making a one-time dues payment online. More details to follow.

*secure bank deposits made to each individual property’s unique bank accounts

*collections services including: late statements, monthly collections calls, certified demand letters and liens, A/P legal counsel at a discounted rate for needed services

*A/P services: monthly preparation of checks for payments to vendors/contracted service providers, utilities, etc

*Appropriate records maintenance including ledger history for all homeowners past and present for each property, A/P payment histories, tax and legal records

* yearly tax return preparation and filing for each property, as well as state licensure

*Other services such as : Newsletters, annual meeting and other notifications, monthly board meeting preparation and attendance, Annual meeting preparation, retention of all documents regarding these meetings, as well as appropriate methods of notification, preparation and , conducting such meetings and providing training and insight for property board members.

TAXES AND LEGAL:

*We provide tax filing and business license renewal services for your property,

*We provide collections services including filing and release of liens against defaulted homeowners

*monthly collections attempts on past due balances

*legal services for debt collections, suites, other legal issues in regard to preserving the integrity and homeowner compliance

*legal services may be obtained through CMI at a discounted rate due to our volumn “buying power”.