Services
- Perform the operation of the accounting and bookkeeping functions along with producing monthly financial reports on cash or accrual basis. Includes monitoring and reconciliation of all accounts monthly by a member of the accounting firm of Singer Press and Company. Bank accounts are never co-mingled with any other client accounts.
- Supply accurate monthly financial statements along with check registers, resident ledgers, accounts receivable and payable listings, disbursement journal and general ledger.
- Prepare budget comparisons and projections bi-annually or as requested.
- If desired, with direction, invest excess cash for maximum return from excess operating funds.
- Maintain a defined purchase order system along with an approved system of comparing and approving payables. Bulk purchasing is done through our office allowing us to purchase at lower costs.
- Review and update insurance coverage, put out to bid as needed and make recommendations on beneficial changes.
- Prepare all forms and returns required by law pertaining to payroll taxes, workers' compensation, etc. (excluding corporation returns).
- Supply fidelity insurance for any personnel handling money and for our entire office staff.
- Maintain a procedure for the collection of past due receivables and supervise any litigation as directed.
- Appear on behalf of the property in court or any other situation requiring an appearance by a responsible party.
- Assume the responsibility to hire, train, discipline and/or discharge all employees performing services at the property. All employees remain employees of the property.
- Prepare specifications and detail for bidding of major maintenance and repair work. Monitor and supervise all work performed by outside contractors after approval is granted.
- Maintain a work request system for both in-suite and common area repairs. Establish and utilize a billing system for such repairs.
- Perform frequent inspections of the property and meet to discuss items noted during those inspections.
- Employ an answering service for all times that the management office is closed with at least one person available to respond to emergency calls.
- Formulate policies to facilitate proper owner/resident/tenant relations and be readily accessible to all.
Services
As part of our full service management package, we provide the following:
Services