Financial management for Manhattan and NYC boards covers billing, accounts payable and receivable, collections, bank reconciliation, budgets, forecasts, monthly statements, and audit and tax coordination.
Boards can request custom reports, help with late or old unpaid bills, and a walkthrough from the in-house accounting team.
Controls and records
Association records are kept on multiple servers so a single failure does not wipe the file. Board members can request access to their building’s files.
Collections cover maintenance, common charges, and rent, depending on the kind of building.
What a board sees
Monthly statements, budgets, and the specific reports a board asks for. When a presentation would help, the in-house team walks through the numbers rather than sending a file with no context.
This page describes management accounting. It is not tax, audit, or legal advice. Audit and tax work is coordinated with the professionals the building engages.
Included
- Billing for maintenance, common charges, or rent
- Accounts payable and accounts receivable
- Collections and arrears reporting
- Bank reconciliation
- Budgets, forecasts, and monthly statements
- Custom reports and financial walkthroughs
- Audit and tax coordination
- Records stored on multiple servers