Condo Manager is a true accrual accounting system for condo and homeowner associations. Our software makes it easier than ever to manage the association's accounts receivable and payable. Here are just a few reasons why Condo Manager is the most powerful accounting software for homeowners associations.
General Accounting
- Customizable charts of accounts and fiscal year date
- Re-usable Transaction Groups for memorized transactions
- Easy modification and reversals of transactions (with complete audit trails)
- Specialized functions for common tasks
- Regular and special assessments
- Interest / late fee calculations
- Payment receipts and deposit slips
- Supplier invoices and check printing
- Bank transfers, fees, and interest
- General Transaction Wizard to help you enter rare, non-automated transactions
Bank Reconciliation
- Keep a check register for an unlimited number of bank accounts
- Easy bank statement reconciliations with guided wizard
- Enter bank fees and interest directly from the reconcile screen
- Retain a full history of every bank reconciliations
- Scan and attach bank statements to be included automatically with monthly reports
Budgets
- Use an Excel-like grid to establish annual budgets
- Share the annual amount over 12 months or distribute it as you see fit
- All totals and differences will be calculated as soon as amounts are recorded
- Export the budget to Excel to do cash flow simulations
- Several options from printing budgets include:
- Print with or without account numbers
- Use personalized criteria (formats, account consolidations, etc)
- Print in "Portrait" or "Landscape" mode
- Insert page breaks where desired
Monthly Reports
- Print all financial statements (balance sheet, income, comparative, trial balance, etc)
- Use a customized cover page for each association's
- Include accounts receivable / payable reports for outstanding balances owed
- Include management activities and time spent (phone calls, meetings, on-site inspections etc)
- Include full reports for architectural requests, violations, work orders and communications
- Reports can be exported to PDF or emailed directly to board members
