The Management Alternative Program
At Associated Professional Services, we offer a Management Alternative contract that’s designed for self managed associations and associations that utilize the services of an on-site manager, independent association manager, or an association management company.
It includes basic bookkeeping services, such as:
- Billing of assessments
- Receiving and applying payments to unit owners’ accounts
- Collections of delinquent assessments
- Paying community bills
- Prepare checks for signature for all approved expenses and allocate costs to budget
- Financial statement preparation for the Board of Directors
- Reconcile and balance general ledger and bank statement reports
- Escrow and refinance processing
Is the Management Alternative Program right for you?
The Management Alternative contract will also allow your association access to our administrative services department. For more information regarding administrative support and the services we can provide, please visit the Administrative Support page.
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For Self Managed Associations
- Save on management costs & maintain a level of control
For On-Site Managed Associations
- Cut out unnecessary and costly extra management
On-site managed associations often utilize the services of a full service management company as well as pay for the services of an on-site manager. With our services, these associations can eliminate an extra level of management that is often unnecessary and costly.
The management and administrative services are handled by the on-site manager or other staff and the Accounting Services are handled by Associated Professional Services. In addition, the association can benefit by having our office handle specific projects such as annual meeting notices or special assessment mail outs.
For Independent Managers/Management Companies
- Eliminate all costs & management of additional employees
In addition to eliminating costly accounting staff, managers or management, companies will not have to rent additional space or lease office equipment or software, manage accounting staff, or worry about vacation time or sick leave of your accounting department.
Managers are free to specialize in what they do best and can operate in comfort knowing that the accounting for their association is professionally handled. If you prefer, the services handled by Associated Professional Services can be provided by having a separate accounting contract with the associations that you manage.