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
