Our services include:

• Accounts Receivable/Billing
  o Establish ACH payments for all unit owners
  o Generate & send billing and/or arrears statements to unit owners
  o Apply unit-owner payments & maintain current balance information
  o Collect & deposit all monthly dues, rental payments and the security deposit
  o Assist in collection matters
• Accounts Payable/Paying Bills
  o Generate checks for BOD signature to pay all monthly property expenses
  o Maintain payment records of all property expenses
• Financial Reports
  o Preparation of financial statements to include Balance Sheet, Revenue & Expense Statement, Budget vs Actual Report and Cash Flow.
  o General Ledger report
  o Statement of Arrears & Payable Aging Report
  o Billing & Bank Reconciliation Reports
  o Help prepare & implement budgets.
  o Assist in capital reserve study.
• Coordinate Resales of Units
  o Maintain records of move ins/outs.
  o Coordinate closings
  o Create condo sales package and related documents needed for closings
• Other Management/Administrative Duties (As Needed)
  o Keep records of legal documents, property deeds, construction plans, member rosters, financial statements, contracts, meeting minutes, and annual reports
  o Work with the Association's accounting firm to perform the year-end audit and tax return. GAP minimizes accounting costs by providing financial records in a format compatible with many CPA firms.
  o Coordinate building & grounds repair/maintenance
  o Communicate with unit owners/residents, Government Agencies, Vendors, Insurance agent, Bankers, Attorneys, and CPAs
  o Learn and understand association’s Governing Documents
  o Coordinate Board and Membership meetings
  o Review and management of Association insurance needs
  o Supervision of on-site personnel and contractors
  o Assist your Board with the selection of professionals, including legal counsel, accountants and engineers, that meet the established criteria and are consistent with the Board's philosophy toward such professionals.