HOA accounting insights, compliance tips, and industry news.
The manager needed to fix a balance quickly. They used the override. Six months later, the auditor found a $47,000 discrepancy. Here's why flexibility in accounting is a liability.
The auditor asked for transaction history. We showed them a log. They said "That's not what I asked for." Here's the difference between activity logs and real audit provenance.
We approved the annual financials in March. In July, numbers from January looked different. Here's why most HOA software doesn't actually close periods—and what real period integrity looks like.
The payment went through twice. Two checks cut to the same vendor. Same invoice paid again. Here's why "just don't click twice" isn't a solution.
We didn't catch the duplicate payment until month-end. By then, the vendor had cashed both checks. Here's why batch reconciliation fails—and what continuous matching looks like.
The auditor asked for transaction history. What they found was a mess of edits, deletions, and unexplainable changes. Here's why most HOA accounting fails the audit test.
The reserve study said 85% funded. Six months later, you're actually at 67%. Here's why static reserve studies mislead boards—and what real-time tracking looks like.
The closing was delayed three weeks because nobody could produce accurate owner balances. Here's why this keeps happening—and what actually solves it.