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Fleming Financial Services

Expert tax preparation and financial help for individuals and businesses

We Can Help Your Condominium Association Keep Running...

Condominium Association Accounting Services 

The services to be supplied include all of the following activities:

  • Collect and record all dues paid by the residents
  • Collection letter to all past due residents
  • Prepare closing letter for mortgage company
  • Make all bank deposits
  • Prepare all checks
  • Monthly bank account reconciliation
  • Monthly financial report to the board
  • Annual financial report to the residents
  • Order and distribute annual payment books
  • Prepare and file Form 1120-H Tax Return
  • Available to attend meetings when necessary

The fees for the above services, for each 50 residences are:

  • one-time setup charge of $300
  • monthly fee of $250
  • Additional fees can apply for any extraordinary activities or reporting not listed above.