Accounting Services and Property Management for Condominium & Homeowner Associations

Condominium & Homeowner Association Services

Our Firm is one of a few Accounting Firms in Miami and Broward County that services Condominium and Homeowner Associations. We provide a full range of services tailored to your industry.

Unlike most Property Management companies and Bookkeeping companies, Acosta CO Accounting Services PA was founded and is currently operated by Certified Public Accountant and other CAM Professionals. Our Firm has heavily invested to recruit and to maintain the most talented individuals in the industry. In addition to our knowledge of the Financial Industry, specialization in the industry and the best use of technology are some of our strengths, which allow us to better service our clients.

Our Accounting Firm also provides monthly and annual financial reporting, billing and accounts receivable, budgets, accounting and bookkeeping services for common interest developments, homeowners associations, community associations, and condominium associations in the Dade County and Broward area. Our clients include self managed Homeowner and Condominium Associations, association management, community management, and property Management Companies.

The services we provide include:

• Association Bookkeeping Services in Miami and Broward
• Audit, Review & Compiled Financial Statement Preparation
• Tax Advisory and Preparation services for Condominium and Homeowner Associations
• Implementation of Accounting systems and support for Condominium and Homeowner Associations.

Association Bookkeeping includes:

Complete Homeowner Association Financial Reporting

Monthly and annual financial reporting is made seamless. Standard reports include - YTD Monthly Income/Expense, Balance Sheet, Comparison of Income and Expense to Budget, Journal Entries, Aged Delinquency, Cumulative General Ledger Listing, and Bank Statement Reconciliation. These reports are clear, easy-to-read, and provides all the tools necessary for the association board of directors to fulfill their fiduciary responsibilities.

Monthly Billing and Accounts Receivable

We provide clear and timely information to the directors and managing agents to manage the accounts receivable of the association. Without prompt payment of their assessments by the homeowners, the association cannot operate, so delinquent assessments must be addressed and collection efforts made. Account receivables are reduced through timely monthly homeowner billing statements, lockbox services, convenient direct debit “Auto Pay” service to owners, interfaces with collection agencies, weekly payment reporting, on demand balance inquiries and homeowner history reports.

Florida Statutes

• Chater 720 - Homeowner Association Statutes

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