Manage the Association’s funds: opening or taking over accounts (separate accounts for operations and the reserve); managing payments, etc.
Set up of the Association’s accounting, in accordance with applicable laws
Inform co-owners of account balances on an annual basis
Make initial requests for funds and provisions
Retrieve and file open invoices
Pay bills
Prepare the annual budget
Present the annual accounting information to the auditor
Offer the accounting department’s support to the auditor
Provide breakdown of owner/tenant accounts