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HOA/Condo Accounting Services

HOA Management Companies serving Home Owner Associations (HOAs) face unique challenges such as fragmented customer base, thin margins, limited revenue potential per HOA and staffing challenges.


OHI’s HOA Accounting services are positioned for community management companies serving the HOA market. Our unparallel residential real estate accounting expertise coupled with our experienced team has helped multiple HOA management companies scale-up their team and boost profitability.


OHI’s team of experienced junior accountants and property accountants are billed at very economical rates. They have high expertise in Condo Manager, Yardi Voyager, Appfolio, Buildum, QuickBooks and Caliber. Our services are used by 25+ management companies across California, New York, Texas, Florida, Colorado, Washington and Massachusetts among others.

Contact Us for a customized NO OBLIGATION proposal for outsourcing your accounting activities

Cost Savings

40-60% cost savings compared to in-house hired staff

Staff with 6+ years of HOA accounting experience

Skilled Employees

Daily receipting and payables, timely reconciliations and financials

On-Time Accounting

Our Credentials

Commercial & Residential (HOA Management Cos., Condo Management Cos., Single-Family, Multi-Family)

50+

Clients Across USA


California | New York | Texas | Florida | Georgia | Ohio | Colorado | Kansas | Pennsylvania | Oregon | Washington


And More

Team Including CPAs, MBAs and Graduates

75+

Years of HOA Accounting

6+

Staff with

Experience

  • Homeowner Associations (HOA)
  • Affordable Housing
  • Single Family Housing
  • Multifamily Apartments
  • Tax Credit & HUD Properties
  • Commercial
  • Student Housing
  • Retail
  • Industrial

Key Real Estate Sectors

We Serve 3 of the Top 30 Real Estate/Property Management Companies in USA

and 50000+ units

400+

HOAs (through our clients)

Serving

  • Entry of invoices with detailed notes and proper matching with POs/WorkOrders
  • Entry of Utilities Including Auto-Paid Bills after checking for service periods, prior credits and due-dates
  • Posting/Processing of vendor payments through Checks/ACH/Credit Cards in a maker-approver processing mode

Our Services

Accounts Payable

Monthly Billing and Accounts Receivable

  • Billing to Owners for HOA dues and assessments
  • Posting of Customer Receipts with daily/weekly reports
  • Receivables reporting and email-based follow-up
  • Monthly bank reconciliations of Operating (Checking), Savings, Money market and other account reconciliations with detailed information on reconciling items

Bank Reconciliations

Financial Reporting

  • Comprehensive Monthly Financial Reports- Income-Expense statements, Balance sheet, Delinquencies Reports, Payables, Reconciliation Reports, General Ledger and Budget Analysis
  • Yearly Budgets, Income and Expense Projections

Budgeting and Projections

  • Drafting of Delinquency notices, breach notices and HOA violation letters

Administrative

* Not an exhaustive list

Accounts Payable

Accounts Receivable

Bank Reconciliation

Month End Closing

Services, Team, Industry Experience and more

Covers work-flows, technology, transition time-frames and more

Brochure
Outsourcing Guide
Process Snapshots

Useful Links

Real case studies covering RE developers, funds and PM cos.

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Residential Property Accounting

Commercial Property Accounting

Investment Analysis Services

Acquisition Analysis Services

Asset Management Services

Lease Abstraction Services

CAM Reconciliation

Back-Offfice Support Services

Other Services

Watch it in Action!

Learn more about our outsourcing services for real estate firms.

Software Expertise

We have high expertise across multiple HOA, community, real estate and property management softwares used in USA.

Pricing

The indicative standard charges for Accounts Payable Specialist and Property Accountant roles are listed below.

Custom packages of 25, 50 and 80 hours per month are available

HOURLY CHARGES

$11

* onwards

Entry of invoices & bills

HOA dues receipting

Bank reconciliations

Simple financial reports

Request a Quote

ACCOUNTS PAYABLE SPECIALIST

$1500

* Full-time staffing (160 hours per month)

Accounts payable processing

Processing utilities and payments

Processing of vendor payments

Accounts payable aging reports

Request a Quote

PROPERTY ACCOUNTANT

$2100

* Full-time staffing (160 hours per month)

Bank reconciliations

HOA billing and receipting

Accounts payable processing

Monthly financials

Request a Quote
Team & Staff Profile
employees

75+

real estate clients

50+

About Us

  • 50+ real estate clients across North America in all major states and real estate sectors
  • High client satisfaction - Most of our clients have been with us since 8+ years
  • Fully integrated real estate service provider providing services in leasing, administration, accounting, analysis and allied services
  • Specialist real estate outsourcing services provider since 2006
  • Senior management team with rich outsourcing and management experience since 2003 in global companies
  • Staff with at-least six years of real estate outsourcing experience
  • Spacious office set-up (6000 square feet) with modern facilities and uninterrupted power supply
  • 100 MBPS high speed dedicated internet leased line

Client Profiles

A specialized Community Association Management Company with offices in Aurora and Louisville, Colorado. They manage close to 70 communities.

An industry-leading Homeowner Association (HOA) management firm. They manage only condominium buildings. They have been in business since 2000, and is the highest rated management firm in Los Angeles.

A large Real Estate Investment and Management firm with more than 25 years of success as a real estate investor & sponsor. The company and its 1200 member team controls approximately 200 commercial and multifamily properties located in 30 cities.

A well-known Property Management Firm based in Santa Monica, CA. They manage Single Family, Multi- Family, Commercial and HOA communities.

A mid-size real estate firm in Miami, FL. The company manages over $300 million of real estate, over 4500 apartments and have been appointed receivers on over 15 properties.

A full service management company based out of Denver (CO) with extensive experience in both single and multifamily residential rental properties.

Contact Us

Learn More About our Accounting Services for HOAs and Condominium Associations

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