An increasing number of association boards are concluding that the financial reporting and analysis obtained through outsourcing is more useful, more accurate, more timely, and more cost effective than information prepared in-house. Additionally, many Boards and Property Managers have realized that such outsourcing allows them to devote more time to project management and operating issues.
Association Accounting Services delivers tangible results in the form of bookkeeping services and monthly financial statements. With these tools, our Boards can make well-informed business decisions in fulfillment of their fiscal responsbility to their unit owners. Specifically, PCC furnishes timely, practical, easy to ready reports to community associations and property owners. Customized computer applications, individualized to suit your needs, provide clear, concise and accurate reporting with an emphasis on maintenance fee collections. We also have a licensed community association manager on staff in the office to aid in ensuring that your association is in full compliance with Florida Statutes.
Bookkeeping Services
- Monthly Financial Statement Package, customized to your needs
- General Ledger
- Account Analysis
- Assessments Receivable, billing options include coupon, invoice, or email
- Cash Receipts, with electronic deposit options
- Accounts Payable & Cash Disbursements
- Bank Reconciliations
- Payroll Preparation and Taxes, including direct deposit
- Special Assessment Billing and Collection
- Project Financial Reports
- Electronic Records – all records are scanned and digitized for online access and permanent record keeping
Compliance Audits
Is your association in full compliance with your governing documents and Florida Statutes? PCC can help you ensure full compliance with all applicable regulations.
Budgeting & Forecasting
We will assist the Board and your manager in developing detailed operating budgets and forecasts that meet Florida Statute requirements, and establishing systems and controls to measure and evaluate operating performance.
Profit & Loss Analysis
Do you know exactly how your business is doing? We will help you understand your financial reports and how to apply the information contained within them.
Balance Sheet Evaluations
Does your balance sheet look like it should? Do you have too much money tied up in assessments receivable? Is your excess cash invested as well as it could be? We can help you answer all those questions and more.
Reserve Analysis
PCC will help you establish reserve goals and priorities, remain in compliance with state statutes regarding required reserve accounts, as well as track and manage your reserve funds.
Internal Audits & Systems Evaluations
We will perform audits of all cash handling and accounting functions, as well as evaluations of the procedural systems in place.
Utilities Audits
Do you know how to read your phone bill? Most small companies pay too much for their utilities because they are often charged for line items that are not necessary, or may be paying taxes when they qualify for exemption.
Personnel File Audits
Are you maintaining all the proper payroll information required by law? Does the nature of your business dictate additional information that you should maintain? Do you fully understand the ramifications of hiring personnel without the proper documentation?
Systems & Procedures
PCC will review your current standard operating procedures and business systems to ensure that you are operating in the most efficient and effective manner for your business.