Yalnes, Inc. Bookkeeping Services
Getting your books done right is of utmost importance. How else can the Board of Directors make sound and fiscally responsible decisions? Individual owners rely on their elected Board members to properly manage the monies they pay into the association via monthly and special assessments. The Board has to decide if the association can afford to replace the pool, manage all expenses so they are in line with the budget, and watch utility bills to make sure there is not a major water leak resulting in extra high water expenses. Our expert team delivers the best of the best. Financials produced by Yalnes, Inc. are on fund accrual basis and separate the association day-to-day expenses from the one time major projects and long term replacement reserves. We'll even track your utility consumption and tell you if there is a significant spike so that the unexpected water leak can be repaired quickly, before you spend thousands of dollars on water that just goes down the drain. The below basic bookkeeping package has been designed for smaller associations with an active Board of Directors that otherwise has everything else under control.
Basis of Financial Reports | Fund Accrual |
Monthly Fee | $325 |
Services Include | |
---|---|
Bookkeeping and Bank Account Reconciliation | Yes |
Bill Pay | Yes |
A/R, A/P & Assessment Processing | Yes |
Features | |
A/P tracking | Yes |
A/R & Assessment tracking | Yes |
Optional Billing Statements to Owners | Yes (Monthly) |
Optional Budget Preparation | Yes (Annually) |
Financial Statements | |
Balance Sheet | Yes (Monthly) |
Income and Expense Statement | Yes (Monthly) |
General Ledger Reports & Other Functions | |
Check Register Report | Yes (Monthly) |
Delinquent Accounts Report | Yes (Monthly) |
Preparation of 1099-Misc. Forms | Yes (Annually) |
Service Limitation | |
Association Size Limit | 50 units or less* |
Please call for pricing for Associations over 50 units in size. |
Request a Proposal
Sounds Interesting? Request a customized proposal for your Association.