Leveraging the right HOA accounting software and management tools is crucial for streamlining operations and maintaining accurate financial records. This blog offers insights into the best tools and software solutions designed specifically for homeowners associations. Explore articles that review top HOA accounting software, compare features, and provide guidance on choosing the right tool for your community’s unique needs.
Learn how modern software can simplify tasks like financial reporting, budgeting, and communication between board members and residents. From accounting platforms that offer comprehensive financial management to tools that enhance community engagement, find the information you need to make informed decisions about the technology that will best support your HOA’s operations.
I recently spoke with a representative from Tops/Enumerate, confirming that support for Tops Pro software – via calls or emails – will end after July 1, 2025. There have also been no recent patches or upgrades. They also said customers are strongly encouraged to transition to a different software solution before this deadline to ensure…
For some of Community Financials’ customers we have used RevoPay to help with encrypted online payment processing. They handle e-checks and credit card transactions. Their system plugs into our accounting software and is a “behind the scenes” part of our homeowner online payment solution. RevoPay was founded in 2002 as a cloud-based e-payments software and…
Community Financials has introduced a two-column Balance Sheet format that separates Operating and Reserve Funds, providing a clearer picture of the financial position for homeowners’ associations (HOAs) and condominiums. This blog explores how this new format differs from a traditional Balance Sheet, how to read it, and why it simplifies understanding for board members. How…
One of the most widely used property management and accounting software for HOAs and Condo Associations to date has been Tops Pro. This software is being discontinued, and will not be supported past the end of 2024. If your community is currently using this software, what does Tops Pro and IQ discontinuing by the end…
Most duties and challenges that Board Members face in running their Homeowners Association are similar in nature. Whether you are running a small condominium or a larger property owners association (POA) many of the work themes are the same. Since one of our company’s core values includes education, we are happy to announce the launch…
One of the biggest complaints when working with a property management or bookkeeping company is they are slow to pay vendor bills. This creates more work for the Board. The vendors call and ask for payment. The vendors stop working unless a payment is received and this causes problems especially when scheduling vendors around each…
We work with Pacific Premier Bank, a nationwide bank, that specializes in our industry and doesn’t charge monthly maintenance fees. Plus, they help with online owner payments, check processing & deposit facilities, and integrate with our accounting software. “Pacific Premier Bank ranked as the Third best bank in America by Forbes. Forbes evaluated the 100…
Community Financials is happy to announce a powerful new partnership for clients. We have enhanced our collections program (“Easy Collect”) with our new collection partner Axela Technologies, a national company based in Florida. After Community Financials’ sends out the courtesy late letter(s) Axela takes collections to a new level. The collection activities performed by Axela…
One of the software programs we use at Community Financials is TOPS. TOPS is the largest software company in the HOA & condo industry as measured by the number of management companies using it. It has 5 times as many clients as the next largest competitor Caliber which we also use. Community Financials visit with…
Russell Munz, Founder
Certified Manager of Community Associations (CMCA)
Expert Financial Oversight
Experience the difference with our professional financial services designed specifically for HOAs and condo associations. Simplify your finances with our expert support.
Need to change an existing consultation? Email info@communityfinancials.com
