ManageCasa partner Balanced Asset Solutions provides a comprehensive overview of the Year-End Closing process for community associations.
Balanced Asset Solutions (BAS) is a CPA and accounting firm that's specifically focused on trust and HOA accounting. They have associates that are trained in the ManageCasa software.
In this session, ManageCasa experts also show how to perform critical year-end tasks in the ManageCasa software.
Listen to the recording here!
Content:
- What is Year-End Close (2:35)
- Importance of Accurate Financials (3:52)
- Comparing HOA and Rental Accounting (4:50)
- Goals for Year-End Closing (8:11)
- Monthly Bank Reconciliation Practices (11:58)
- Reviewing Assessment Income (14:25)
- Managing Accruals and Adjustments (16:26)
- Understanding Reserve Accounts (18:41)
- Components of Financial Statements (20:39)
- Key Reports in ManageCasa (23:04)
- Budget Review Cycle (28:02)
- Preparing the Year-End Board Packet (29:42)
- Tools and Support for Year-End Closing (33:53)
- Q&A (36:09)
Comments
0 comments
Please sign in to leave a comment.