The Management Alternative contract is designed for self
managed association and associations that utilize the services of an on-site
manager, independent association manager, or an association management company.
Basic bookkeeping services include:
-Billing of assessments
-Receiving and applying payments to unit owners' accounts
-Collections of delinquent assessments
-Paying community bills
-Prepare checks for signature for all approved expenses and
allocate costs to budget
-Financial statement preparation for the Board of Directors
-Reconcile and balance general ledger and bank statement
reports
-Escrow and refinance processing