The monthly financial statements provided by North Point Management (We need to stay consistent with company name) are comprised of balance sheets, income statements, budget comparison reports, along with other data important to our community associations. We provide monthly financial data in a format that is concise and easy to understand. Considerable effort is placed in assisting communities in the development of annual budgets, and equally as important, the monthly management and analysis of those budgets when compared to actual operating statements.
Tasks Handled:
- Common fee collection
- Late-fees and special-assessments
- Delinquent demand letters
- Bill paying
- Common area maintenance billing and reconciliations
- Financial reporting
- Accounts Payable
- Accounts Receivable
- Budgeting
- Banking services
You Have Communication and Control:
- You (make the ‘You’s powerful) decide all timing criteria and dollar amount threshold
- You approve Invoices before they get paid. Each Board member has the ability to view scanned images of your association’s actual invoices and approve them over the Internet
- You receive monthly financial reports with the reconciled bank statements via E-mail