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Accounting- For Associations

Accounting is at the heart of managing the financial health of condominiums and homeowners’ associations. It covers everything from creating budgets and tracking expenses to ensuring financial transparency—key elements for the success of any community. However, relying on manual methods or disconnected systems can lead to errors, inefficiencies, and missed opportunities to optimize resources.

Effective accounting impacts almost every aspect of management. Without integration into the broader management processes, automation is impossible, leading to wasted time, increased costs, and incomplete tasks that hinder operations.

Why Choose Total Association?

Total Association Accounting offers a comprehensive, user-friendly solution designed specifically for associations. It integrates tools for budgeting, invoicing, payment tracking, and real-time reporting, streamlining financial management at every step. Whether you’re a seasoned manager or new to association management, Total Association ensures accounting is simple, efficient, and reliable. With its direct connection to all association tasks, Total Association harnesses artificial intelligence and automation to handle day-to-day operations effortlessly, saving you time and money.

Transform your financial management and empower your community with Total Association’s intuitive and powerful accounting tools.

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Key Features

1. Effortless Budgeting

✓ Dynamic Budget Creation: Simplify budget creation with intuitive tools tailored for associations.
✓ Real-Time Adjustments: Modify budgets as needed and instantly see the financial impact.
✓ Historical Insights: Use past data to create accurate and informed budgets.

2. Comprehensive Banking Integration

✓ Multiple Account Management: Easily manage operational, reserve, and escrow accounts.
✓ Bank Reconciliation: Ensure accuracy with a robust reconciliation feature that aligns internal records with bank statements.
✓ Automated Transactions: Schedule internal transfers and streamline payment workflows.

3. Simplified Payment Processing

✓ Automated Invoicing: Generate and send invoices for membership fees, assessments, and services.
✓ Flexible Payment Options: Allow members to pay via credit card, ACH, or other secure methods.
✓ Real-Time Payment Tracking: Monitor payments and automate receipts with ease.

4. Advanced Reporting Capabilities

✓ Customizable Financial Reports: Generate detailed reports for income, expenses, reserves, and more.
✓ Audit-Ready: Maintain compliance with exportable, audit-ready financial data.
✓ Dashboard Insights: Gain an at-a-glance view of your financial health with dashboards tailored to managers.

5. Paperless Efficiency

✓ Digital Records: Eliminate paperwork with secure digital storage for invoices, receipts, and reports.
✓ On-Demand Access: Retrieve documents anytime, anywhere, ensuring data is always at your fingertips.

6. Seamless Reserve Fund Management

✓ Reserve Studies: Plan for long-term projects with integrated reserve study tools.
✓ Funding Options: Fully fund, partially fund, or defer reserve allocations with just a few clicks.
✓ Expense Forecasting: Ensure your association is prepared for major repairs and replacements.

Few Screen Shots

Accounting

Main Dashboard

The main dashboard offers quick access to essential management tools and insights.

Property Info

A screen that consolidates all property information and status in one place for easy access.

Facility Rental

Easily manage facility rentals in the association. Let members reserve through their app.

Task Manager

Efficiently manage staff workloads by distributing tasks and overseeing results seamlessly.

A Must-Have Solution

Managing an association’s finances is essential to maintaining stability and success, but it can quickly become overwhelming without the right tools. Total Association Accounting simplifies the process, streamlining financial management, enhancing transparency, and empowering better decision-making. It’s the ultimate solution tailored for associations to save time, reduce errors, and focus on building thriving communities.

Benefits for Associations

✓ Save Time: Automated processes and paperless workflows free up valuable time for managers.
✓ Enhance Transparency: Provide detailed reporting and clear notifications to members for improved trust.
✓ Increase Accuracy: Reduce manual data entry and minimize errors with built-in automation.
✓ Improve Decision-Making: Access real-time financial insights to make informed, impactful decisions.

Discover how Total Association transforms accounting for associations. With tools that make budgeting, payments, and reporting easier than ever, you can focus on building a thriving community. Request a demo today to see the difference Total Association Accounting can make. Let us handle the numbers while you create a better community.

Schedule a Demo to Learn More

Accounting

Accounting- For Associations

Why Choose Total Association?

Key Features

1. Effortless Budgeting

2. Comprehensive Banking Integration

3. Simplified Payment Processing

4. Advanced Reporting Capabilities

5. Paperless Efficiency

6. Seamless Reserve Fund Management

Few Screen Shots

Accounting

Main Dashboard

Property Info

Facility Rental

Task Manager

A Must-Have Solution

Benefits for Associations

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