Financial Services

This is a brief description of our Financial Service

Key Benefits

  • Open, maintain and operate a bank account for the administrative fund and the sinking fund.
  • Prepare statements of Performance and Position each month and for the financial year.
  • Prepare a draft budgets for each financial year.
  • Issue notices to lot owners for payment of contributions.
  • Receipt and process levies.
  • Process and pay approved accounts weekly.
  • Prepare financial records and statements.
  • Carry out monthly bank reconciliations
  • Deal with levy enquiries, discounts etc.
  • Maintain all financial records as required by the legislation
  • Monitor levy arrears and issue arrears notices