General - Page 3

Cloud accounting software works by storing data remotely on nonlocal services known as “the cloud.” This means that data is spread out across multiple servers in different locations, instead of being stored on a single hard drive on your computer. For homeowners association (HOA) managers, cloud-based accounting offers many advantages over traditional accounting. Cloud-based accounting

At their core, homeowners associations (HOAs) are financial organizations. HOAs collect dues and assessments from members, then manage the funds to provide various services and amenities to residents who live in HOA properties. HOAs are run by an elected board who makes financial decisions on behalf of the members. To help the board make well-informed

Homeowners association (HOA) fees are the lifeblood of the organization. Also known as dues and assessments, HOA fees are paid by all members of the association. HOA fees cover basic operating costs and maintain the HOA’s special reserve fund, an account reserved for emergencies and unexpected expenses. As an HOA manager, you’ll likely hear a

Homeowners Association (HOA) software offers many useful features. As an HOA manager, the right association software can dramatically improve your business. Association software gives you the tools you need to manage all your clients’ resources. This includes the HOA’s finances and other critical information needed for regular reports. Reporting to the HOA board is one

Ordinances play a vital role in shaping a home homeowners association (HOA). As an HOA manager, you’ll need to understand what ordinances are and how they work. In a nutshell, an ordinance is any law or regulation enacted by a municipal body. Ordinances cover a wide range of topics that affect HOAs, from rules about

Are your clients’ homeowner associations (HOA) prepared for winter? If you’re an HOA manager who works in a cold climate, falling temperatures and inclement weather can introduce new challenges. Winter storms can cause property damage, interrupt services, and create many problems for HOAs and their residents. To ensure that your clients make it through the

Do you know what a quorum is? What about a motion or a proxy? Although you don’t need to be fluent in “legalese” to be a homeowner association (HOA) manager, there are several common terms you need to know. Understanding HOA lingo will streamline your business and improve how you communicate with your clients. Smaller

There are several ways a homeowner association (HOA) can reduce costs, increase efficiency, and add property value to the homes in the community. As an HOA manager, you can assist your clients with these endeavors. HOA managers often act as trusted advisors to the association’s board members, so your input can help guide their decisions

Association management software is for more than just managing homeowner associations (HOAs) and condominium associations (COAs). With association management software like CINC Systems, you gain a valuable tool for running your business, not just managing your clients’ HOAs/COAs. Association management software also offers great accounting features. When you choose the best association management software for

Every business needs a website. As a homeowner association (HOA) manager, your website can help you attract new clients and build your reputation in the industry. You can also use your HOA website to interface with your clients directly, using integrated web portals to streamline your business process. Perhaps you’re launching a new HOA management