Improve your Management Company’s Back Office

We Become Your Expert Accounting Department

  • Improve your Process
  • Includes Leading Systems
  • Save Time Trying to Hire, Train and Manage Accountants
  • We Manage the Accounting Output so you Don’t Have to

Individual Managers don’t have time…

…to do it all and continue to grow your business.  If accounting is not your thing we can handle it for you.

Plus as you grow you don’t have to manage staff in addition to communities.

Management Companies lose money…

by losing clients due to poor accounting and losing new/ referral business due to a poor financial reputation.

Plus why waste your time managing complaints from clients & staff?

Developers waste money…

… you know the physical management better than anyone but don’t want to spend time or money doing the associated financial tasks. Plus you can save over 50% compared to the cost of hiring a management company and keep more control before complete turnover to a Board.

With the tools available today it is easy to have a specialist handle the financial tasks and provide access to the best management systems while you do what you do best. 

Get Started in 4 Steps

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1. Consultation

Schedule a call to discuss what you need and how we can help.

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2. Receive Your Plan

Receive a custom proposal to review.

3. Transition Your Accounting

Transitions are easier than you think.

4. Ongoing Support

Monthly  AR, AP and financial reports with great service.

Collections

Approve & Pay Bills

Monthly Financial Reports

Communication

Personalized Support

Whether you are an Individual Manager, a Small – Medium Sized Management Company or a Developer we can help.

We work on any size portfolio – anywhere

Let us handle the accounting tasks so you don’t have to

No Start Up Fee

Start up is included

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Easy 60-Day Transition

A step by step plan makes change easy

Online Transparency Tools

Gain visibility and greater control

Fidelity Insurance

Added protection against theft

We don’t just care about community bookkeeping.

We care about you.

Russell Munz, Founder

Russell Munz, Founder

Leadership

We Become Your Expert Accounting Department

What Community Financials Handles

ACCOUNTS RECEIVABLE

  • Post owner assessments
  • Post online and lockbox check payments
  • Apply owner payments
  • Update owner contact information at resale
  • Upload lockbox files & image exception handling
  • Post late fees
  • Mail late notices
  • Email or Mail Statements or Coupon Books
  • Answer homeowner payment inquiries

ACCOUNTS PAYABLE

  • Set up vendors & collect W9
  • Login to Manager’s Strongroom system
  • Use CF’s Strongroom
  • Provide online review & approval of bills
  • CF to set up approval process
  • Pay all approved bills
  • Process and send 1099s
  • Set up new users/approve in Strongroom
  • Handle all vendor payment questions
  • Track vendor insurance expiration dates in software

FINANCIAL REPORTING

  • Prepare financial reports
  • Cash or modified cash accounting
  • Reconcile all association bank & investment accounts monthly
  • Provide year end financials
  • Work with CPA on audits
  • Budget Assistance

Receive the Best System for Accounting, Maintenance, Violations & ARC To Grow Your Business

Download our Articles on How to Make More Money &/or Survive the Next Recession