An HOA Accounting Guide For HOA Board Members HOAM
Additionally, this HOA accounting method is the only one that conforms with the Generally Accepted Accounting Principles (GAAP). Proper accounting practices maintain transparency and accountability within the HOA. Transparent https://www.bookstime.com/ financial records are essential for board members and homeowners to have confidence in the association’s financial health. Using this method, you record payment receipts during…