Bronze Service (Accounting Only)
Our Bronze Service Package is our most affordable plan and is designed for self-managed, smaller associations. This service provides accounting services to the association’s designated point of contact, plus additional services per an approved additional fee schedule. This allows the Board of Directors to minimize expenses by picking and choosing which services require additional support, and which they will perform themselves.
Official Records: Maintain a roster of all lot and unit owners
with mailing address as required by Florida Statutes.
Accounting: Complete monthly financial package includes
balance sheet, profit & loss statement, general ledger, check
register, account reconciliation, delinquency, and prepaid reports.
Delivered via email monthly (one Board member contact required
to receive monthly financial package).
Accounts Receivable: Charge owner assessments and apply
late fees and/or interest according to the association’s governing
documents. Post assessments and other monies due to the
Budget: A recommended budget based on the association’s
current year financials will be provided.
Correspondence: Will be forwarded to the association’s contact person.
Vendor Invoices: Checks are cut once per week for approved invoices received the prior week from the Board. W-9 is required before a check may be issued for vendor invoices.
Vendors: The Association shall bear sole responsibility for determining that all contractors and/or vendors are fully licensed and insured including workers’ compensation and general liability insurance.
The Association shall carry and maintain, at its sole expense, all insurance necessary and adequate to protect the interests of the Association and provide proof of insurance to HMI annually.
The following matters with respect to the association are the sole responsibility of the association’s Board of Directors:
Day-to-day management of the Association
Vendor management (bids, contracts, and project management)
ARC / ARB
Property / violation inspections and noticing
Legal matters regarding the Association
Posting of meeting notices, newsletters, and community notices
Property damage and maintenance
Maintaining operating files, minutes book, quotes, and Association paperwork