| Accounting
Service FAQ
Frequently
Asked Questions about our Remote Accounting Service.
1. What is Condo Manager - Remote Accounting Service?
Condo Manager Remote Accounting is a complete accounting
service that is operated by trained accounting personnel
and supervised by an accountant.
Condo
Manager accounting service is "remote" because
no paper documents leave your office and that our staff
does all your accounting from a remote location. All
the information that your association provides is scanned
directly from a little application we install on your pc.
2.
How much does Condo Manager - Remote Accounting Cost?
The
cost of the accounting service is based on the number of
units of the association.
Contact
us to get a quote.
3. Is Condo Manager's Remote Accounting Service for You?
Yes - If your association comprises 50 condominium units
or less, then self-management with a full service accounting
system is for you. Condo Management companies are geared
for large associations since it takes as much time to manage
50 units or more as it does for much smaller ones.
No- If your association is more than 50 units, we suggest
you either purchase Condo Manager or hire a management firm.
4. What are the disadvantages of Condo Manager -
Remote Accounting?
Condo
Manager will not collect your condo fees. It will not receive
your invoices, nor will it mail out your payments. If you
are unwilling to do these tasks, then a Management Company
will do this for you.
5. What if, at the end of the year, we decide not
to continue with Condo Manager, can we transfer this information
to another service?
You
can always get a copy of your data in Condo Manager format
or pdf format to give to your new manager.
6.
What are the advantages of Condo Manager - Remote Accounting
vs a Condo Management Company?
• If you prefer to see and approve your invoices before
they are paid rather than after they are paid
• If you wish to prevent unauthorized payments from
your account
• If you wish to access your financial status at any
time
• If you wish to access your account and have control
over your account
• If you wish to transfer money to your interest bearing
contingency fund at any time
• If you prefer to pay way less than you would pay
for a full management service!
Contact
us
Don’t
hesitate to contact us if you have questions on comments
about our services or products. We will be pleased to hear
from you. Click here to contact
us. |
