As a Homeowners Association Board Member, you have many responsibilities and duties regarding your residential community, and one of the most important among them is accountancy. Though your HOA is not profit-driven, the association still handles revenue and incurs expenses like any other business organization. It is, therefore, essential that you feel informed about the […]

Technology has the power to transform the way we do things. This is especially true for an online property management system, like TOPS [ONE]. Board members get access to real-time data about homeowners and their properties, vendors, accounts payable (AP), accounts receivable (AR), violations, and anything else they may want to know about the properties […]

Accounts payable (AP) is the bane of every property manager’s existence. Every month, you have to process an assortment of mailed and emailed invoices from contractors and vendors, enter them into your software system, reconcile if necessary (which it always seems to be), pay them on time (or not)… and that’s just for one community! […]

In a time when watches can tell us our heart rate, steps taken, calories burned, and other data points, it’s clear that people want to know more. They want details, not just the time (or the basics), and they want them now. So, do you think anyone wants less from their property management system website? […]

How to Streamline Your HOA Financial Reporting The first step in streamlining anything is to clean up and get organized. HOA boards still working on spreadsheets or multiple systems are prone to face issues with incorrect data in their HOA financial reporting. Multiple users and many versions of similar files could be putting your association […]