
Client
Services
Financial Services
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Copyright
©
1998, 2007 Bali Management, Inc.
Administration
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Association records available for inspection during
business hours.
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All personnel programs supervised to meet State
requirements.
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Agent attends board and membership meetings.
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The Board Meeting Package is provided 5 days prior
to the meetings.
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Minutes taken and transcribed at no additional
fee.
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Board is kept apprised of new legislation and
pertinent existing laws.
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Governing documents reviewed and analyzed.
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Master file of all Association records maintained.
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Membership meetings coordinated, noticed, and
conducted.
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Annual Calendar of events prepared and maintained.
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Individual files established for each member.
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Rules violations enforced and violation history
maintained.
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Escrow Services Department facilitates processing
of certifications and demands.
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Insurance needs and requirements evaluated annually.
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New Board Member orientation.
Communication
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Telephone calls taken or promptly returned.
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Correspondence and Notices drafted and distributed.
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Agent facilitates communications between members
and Association.
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Personnel available for financial and legal consultation.
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Access to special services for homeowners.
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Journal of telephone calls provided monthly.
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Open line of communication established with on
site management and staff.
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Coordinate vendors and owners in performance of
service requests.
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Staff available to answer accounts receivable
inquiries.
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Customer Service answers routine inquires and
takes maintenance requests.
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Staff Accountant available to respond to financial
inquiries.
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On-line communications or service requests
Maintenance
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Comprehensive property inspections conducted.
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Proposals solicited and evaluated for Board consideration.
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Work in progress supervised as needed.
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Personnel available to meet on site with prospective
vendors.
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Bidders qualified prior to bid solicitation.
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24 hour Emergency after hours services, 7 days
per week, 365 days per year.
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Guaranteed response of 15-30 minutes for all emergency
calls.
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Regular supervision of all contract service vendors
to ensure performance.
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Follow up on correction of performance deficiencies.
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Preventive maintenance programs developed and
implemented.
Accounting
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Complete Financial Reports provided 5 days prior
to Board meetings.
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Utilities tracked for consumption and payment
history.
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Budget Comparison Reports provided monthly.
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Bank Reconciliations provided monthly on all accounts.
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Full General Ledger and Trial Balance provided
with monthly Financial Reports.
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Accounts Payable protocol tailored to Board requirements.
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Coordination with Treasurer for disbursements
approval and check signing.
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All bank accounts maintained in Association's
name only.
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Complete Reserve cash Investment portfolio management
provided.
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Coordination with Certified Public Accountant
for annual Audit and Tax return.
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Checks laser printed on site with proper MICR
formatting.
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Complete payroll administration available.
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Detailed Reserve Studies prepared and updated.
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Budgets analyzed, projected and drafted for new
fiscal year requirements.
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Statement by Domestic Corporations prepared and
filed annually with Secretary of State.
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1099 forms prepared and sent for Independent contractors.
Collections
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Collection Policy developed and distributed annually.
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Initial Default letters prepared and sent.
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Notice of Delinquent Assessment (Lien) prepared
and filed.
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Final Demand Letters prepared and sent.
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Ongoing Research and Development of collection
procedures and methods.
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Small claims Actions filed and Hearings attended.
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Collection on Judgment pursued.
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Wage Garnishments
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Business Till Taps and Bank Account Levies performed.
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Payment plans executed and monitored.
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Comprehensive Aging report prepared monthly for
Board Package.
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Detailed status of all owners on Aging provided
monthly.
Receivables
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Monthly Statement provided to all members.
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All assessments received are deposited in Association
bank account daily.
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Individual Account history available to all members.
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Income Statements provided with monthly Financial
Reports.
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Late fees applied in accordance with Association
policy.
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Special Assessment levy and collection in accordance
with Board directives.
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Penalty and Remedial Assessments levied and tracked
for payment.
[About]
[Why Us] [Service]
[Request] [Contact]
Copyright
©
1998, 2007 Bali Management, Inc.