List of Services

Financial Management

Budget Preparation

Operating & Reserve Funding Budget or Special Assessment Budget with complete Budget Ratification Facilitation in accordance with RCW 64.90.525

Reserve Study Coordination

Facilitate Level I or Level II Reserve study as required every three (3) years and coordinate annual updates per RCW 64.38.065 and RCW 64.34.380. Prepare annual disclosure to members per RCW 64.90.525

Monthly Financial Statements

Prepare monthly financial statements to include balance sheet, budget comparison, P & L statement, Accounts Receivable reports and bank reconciliation. Statements prepared in accordance with RCW 64.34.372 (1)

Audit & Taxes

Work with CPA to prepare annual taxes and audit as required by RCW 64.38.045 and RCW 64.34.372

Assessment Collection

Collect owner's monthly Association dues and assessments based on the approved budget and RCW 64.34.360

Delinquent Assessment Collection

Collect past due assessments in accordance with the Association's collection policy and RCW 64.34.364. Engage legal counsel or collection company as directed by the Board

Accounts Payable

Process invoices and payables twice a month for timely payment on all accounts. Electronic submission of invoices for vendors available.