Fudging the numbers in Community Association Accounting

CAM Industry, Accounting

The CAM industry is very tight-knit and competitive. News of possible fraud can destroy everything you have worked for. Fudging the numbers in your accounting may save time in the short term, but it can have a very high price in the long run.

The Trouble with Credit Cards in Community Association Dues


Homeowners expect modern solutions to common problems, like the acceptance of credit cards for community association dues. So why can't communities accept credit cards?

A Blueprint for the CAM Accounting Cycle

Accounting, Technology

Follow this blueprint to insure you are covering all of the bases in your community association accounting. (Best practices for CAM Accounting)

With Fraud at an All-Time High, Secure Checks Help Deter Fraud & Detect Tampering

Accounting, Guest Posts, Association Boards

High security checks and nine other ways your property management company can be protected from potential fraud. Guest post by Deluxe Corporation

CAM Mash Up: This Week (Nov 4-8, 2013)

Accounting, CAM Mashup

This week in Community Association Management: Today, we decided to TAKE A WALK around the neighborhood in our RUBY SLIPPERS. The streets looked all BRIGHT, SHINY and NEW, probably because the community recently decided to TAKE ACTION and STREAMLINE FOR SUCCESS! Yes, we are excited, at least until it's time for COLLECTING DEBT. We will put that off until WHITEBOARD WEDNESDAY. Confused? Don't be! It's this week in CAM management!

Automating Receivables in CAM Accounting: MICR, Lockbox and ACH—Oh My!

Accounting, Technology

Walking into a CAM Management company can feel like stepping back in time. Or maybe, visiting another world altogether. (Toto, I don't think we're in Kansas anymore!)

CAM Mash Up: This Week (Oct 28-Nov 1, 2013)

Accounting, CAM Mashup, CAM Managers, Association Boards, Management Companies

This week in community association management - vampires and zombies, pitchforks and torches? We're going to need a 12 step program to get over it!

Professional CAM Budgeting: Finding the Right Contractors (Free RFP Template)


How to find a contractor for one-time or unusual jobs to complete your community budget like a professional - Includes free sample RFP template

CAM Mash Up: This Week (Oct 7-Oct 11, 2013)

CAM Industry, Accounting, CAM Mashup, Management Companies, Technology, Miscellaneous

This isn't nonsense - it's This week in Community Management!: COMMUNICATION IS THE KEY when you are a citizen of PROCRASTINATION NATION! Although the QUESTIONS may be greater than the ANSWERS (especially about MINERAL RIGHTS), TEAM BUILDING is an essential skill to PROVE YOURSELF. And you'd better hurry too, because WBW is JUST ONE WEEK AWAY!

Professional CAM Budgeting: Creating a Community Business Plan (Free Worksheet)


Before putting projections into a spreadsheet to come up with a community association budget, the first place to start is to develop a business plan.

The Dos and Don'ts of Choosing a Community Management Software

Accounting, Technology

What to do and what not to do when selecting a community association management software

Setting Up Your Community Association's General Ledger

Accounting, Technology

The General Ledger keeps a record of every transaction you perform for your community association accounting. Learn how to set up the GL for Condo and HOA management.

CAM Mash Up: This Week (Sept 9-13, 2013)

CAM Industry, Accounting, CAM Mashup, Management Companies, Miscellaneous

While PACKING FOR VEGAS I was dancing merrily to the tune of CALL ME, MAYBE when it occurred to me that budget season was upon me. Oh no! It's a CATCH 22 -- I'M UP TO MY NECK in work already!, I thought, and I began to go into a BUDGET FRENZY. The only thing that worked to soothe me was the thought of GOING GREEN. Confused? Don't be. It's this week in Community Association Management.

How Super-Liens Help your HOA Collect on Delinquent Assessments


Help for HOA Collections: Why lending institutions are worried that HOAs will utilize priority super liens to collect delinquent assessments.

How community association management companies turn a profit

Accounting, Management Companies

With such tight margins in management fees, what do CAM Management companies do to become profitable? (Free reimbursable expenses schedule.)

8 Easy Steps to Prepare Budgets for your Community Association(s)


Follow these 8 simple steps to create a realistic and accurate budget for your community association.

Choosing an Accounting Method for your Community Associations


The 5 Million Dollar rule and when it's right to choose Cash vs Accrual (or modified) accounting methods for your community association accounting.

How Community Association Accounting differs from Business Accounting

CAM Industry, Accounting, Technology

What makes accounting for HOA, Condo and other community associations so different from standard business accounting?

Accounts Receivable Automation: Think Outside the Lockbox

Accounting, Guest Posts

There are many factors to consider for your Community Association Accounting AP automation. Are you on the right track? CAM Industry banking expert Craig Lee Huntington shares his tips in this guest post, Thinking Outside the Lockbox