Accounting for Homeowner Associations

Accounting for Homeowners AssociationsFlorida Small Business Consultants Inc works with association managers and board directors of condominium associations, homeowners' associations, and co-ops to provide budget assistance, auditing, account reconciliations, and more. We have worked with many condominium and homeowner associations throughout the Eustis area so we understand your unique reporting requirements, but we also strive to understand the needs of your individual association. At Florida Small Business Consultants Inc our goal is to offer accounting and bookkeeping services that will help your organization run smoothly now and plan for the future.

Our experience with tax planning for condominium and homeowner associations allows us to effectively offer guidance to association and board members on complex tax situations and help minimize what you owe. We also provide accurate monthly and year-end financial reporting along with reliable financial advice to association managers and board members throughout the year.

Our accounting services for homeowners associations include:

  • Tax planning
  • Outsourced accounting and bookkeeping services
  • Audits, reviews and compilations
  • Passive activity deductions
  • Property valuations
  • Lease analysis and review
  • Accounts receivable
  • Accounts payable review and approval for posting
  • Account reconciliations
  • Financial statement preparation including year-end
  • Budget consulting
  • Reserves assessments
  • Dues control
  • Ensuring compliance with management contracts

Our homeowner association financial closing services include:

  • Monthly general ledger review to determine reclassifications
  • Monthly and quarterly accruals
  • Monthly financial assessments and budgeting
  • Monthly variance analysis and explanations

Contact Florida Small Business Consultants Inc today at (352) 771-2750 to find out more about our accounting services for condominium associations, homeowner associations and co-ops in the Eustis area.

Reach Us

30 E. St. Louis Ave.

Eustis, FL 32726

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