Learning Academy
To support our clients, we’ve created The Successful HOA – a resource hub that offers essential tools and guidance for board members. Whether you’re new to the role or looking to streamline the transition between board members, The Successful HOA features general topics, demo videos, and how-to guides to help you quickly get up to…
Boards of Condos & HOAs | Condo & HOA Board Resources | Developer of Condos & HOAs | Featured | Featured Index | Managers of Condos & HOAs
How to Read HOA Financial Statements
Are you a new member on your HOA Board, working on figuring out the in’s and out’s of your Board duties? Or are you a seasoned HOA leadership veteran who would like to learn more about a new reporting system your HOA has implemented? Most importantly, are you looking to become a pro at reading…
More Resources to Help Operate or Self-Manage Your HOA or Condo Community
Over the last few years we have been busy writing blog posts, articles and other information to make operating or self-managing your Homeowners Association or Condominium Community easier. Our Goal is to make the Community Financials website a Board resource. In addition to the Resources page of our website we also have other places to…
Community Financials Website Gets an Update
Over the last month, we finished improving our website to make it easier to navigate and understand how we help boards make self-managing easier and how we also help managers make accounting easier. To show the services we handle we added a Services and Tools page for Board Members that outlines what we do and…
Large Scale Community Monthly Accounting and Financial Reporting
Who says “Bigger” is “Better”? When it comes to large scale community associations like Master Planned Communities (MPCs), Master Associations with Multiple Sub-Associations, Property Owners Associations (POAs), and even larger Homeowners Associations (HOAs), Condominiums, and Planned Unit Developments (PUDs), “Bigger” can be “Better” but only if serious consideration is given to the all-important tasks of record-keeping, bookkeeping,…
Community Financials Visit with TOPS Software in June 2019
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…
Reduce Risk: Outsource Your HOA or Condo Community Payroll
Doing payroll is straightforward and easy right? Not really. Many communities and management companies get tripped up by payroll. Don’t be ashamed I know a lot of accounting companies that outsource payroll to experts as well. This post discusses how to reduce risk: outsource your HOA or condo community payroll. Risk #1: Fraud From studying…
80 Managers and Board Members Learned About HOA and Condo Financial Best Practices
We want to thank all of the attendees of the Community Association Institute Rocky Mountain Chapter’s 2019 Spring Trade show and Conference that participated in our class Friday March 15th in Denver, CO. 80 Managers and Board Members learned about HOA and Condo financial best practices by Community Financials. The class started by reviewing three…
