Hello!
I spoke with our accountant recently, and she apologized for the confusion about the worksheet on our HOA finances. She has prepared a complete financial analysis for us dating from 2007 to 2011. The ending bank balance we have as of today is $ 8,976.09. (This does not include a few HOA dues we receive during the annual meeting.)
If anyone would like the complete financial analysis. Please email me and I will get a copy to you.
Thank you,
Emily
3 comments:
I was looking through the expences and wondering who does the bookeeping? Why does it cost so much? For most businesses your bookeeping bugdet should be about 1-2% of the revenue.
Someone from the board should be auditing this person charging so much money. It looks like a simple job for such minimun transactions we have.
You should understand that part of the amount shown is also because this is her first year. She had to consolidate all the stuff from our previous accountant, who wasn't very organized. She not only organized everything, she has also made it a point to store everything for us in case we need something in the future. The amount shown also includes the HOA taxes being done as well.
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