Professional Accounting & Financial Management Services for Los Angeles Associations
So, we provide extensive financial management services based on accrual accounting that gives you a clear picture of how much money you have at a particular point in time.
Team up with Progressive Association Management to get transparent and accurate financial statements that give you a crystal clear idea of the financial health of your HOA.
Experience convenience and peace of mind with our all-inclusive financial management services for associations in Los Angeles.
![Co,Working,Conference,,Business,Team,Meeting,Present,,Investor,Colleagues,Discussing Two people sitting at a desk looking at documents of graphs](https://progressive-am.com/wp-content/uploads/2022/06/shutterstock_770002474-scaled.jpg)
Financial Responsibilities That You Can Offload To Us
Regular Assessments
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- Payable accounts
- Received accounts
- Audit
- Balance sheets
- Fines
- Demand fees
- Captial expenditures
- Collections
to keep homeowners in the loop.
Once the invoices are assessed and verified, we prepare checks for payments. We allow our clients to track payments and invoices through online platforms and payment options.
Financial Statements
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- Statements of income
- Payable reports
- Delinquency reports
- Bank Reconciliation reports
- Bank Statements
- Reserve fund balances
- General ledger activities
- Receivables, and Balance Sheets
We ensure that all financial statements are clearly and consistently crafted, providing clear understanding to community members and allowing our clients to make prudent decisions.
Budget Preparations
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We help you create an accurate budget plan based on the following steps
- Identifying all projected income and expenditure sources
- Consulting with local vendors and gathering bids from them
- Analyzing the ongoing maintenance cost
- Examining the reserve fund
- Calculating your budget
- Sharing budget with HOA members
Get Free Consultation
Progressive Association Management offers free consultation services for HOAs, condominiums, rental and multi-unit properties. If you are looking for professional financial services and expertise, our firm is the place you need. At Progressive Association Management, our team of accountants and financial experts makes every effort to fulfill your finance and budget-related requirements.
Our HOA management services cover communities in Los Angeles, San Diego, Orange, Riverside, and San Bernardino.
End-to-end Financial Management For Los Angeles Associations
We have a well-designed and comprehensive set of financial services that will best suit all communities in Los Angeles. Once you partner with us, we go through all your financial documents, analyze them for loopholes, and help identify the next steps to shore up your finances, covering all bases of your HOA’s requirements.
![shutterstock_1569501937 (1) View of suburban houses on a hill](https://progressive-am.com/wp-content/uploads/2022/06/shutterstock_1569501937-1-scaled.jpg)
Check Our Customized Pricing Plan
# Units |
Monthly Dues |
Fee Per Unit |
2% of Total Dues |
Total Monthly Fee |
---|---|---|---|---|
10 | $300 | $30 | $60 | $360 |
20 | $300 | $25 | $120 | $620 |
30 | $300 | $20 | $180 | $780 |
40 | $300 | $15 | $240 | $840 |
50 | $300 | $12 | $300 | $900 |
75 | $300 | $10 | $450 | $1,200 |
100 | $300 | $8 | $600 | $1,400 |
150 | $300 | $6 | $900 | $1,800 |
200+ | $300 | $5 | $1200 | $2,200 |
In this example, the monthly dues are $300. You must take your monthly dues, multiply by the number of owners, multiply by 2%. For the base fee, multiply your number of owners times the cost per unit. Add both for the total fee.
10 Units
$300
Fee Per Unit:
$30
2% of Total Dues:
$60
Total Monthly Fee:
$360
20 Units
$300
Fee Per Unit:
$25
2% of Total Dues:
$120
Total Monthly Fee:
$620
30 Units
$300
Cost Per Unit:
$20
2% of Total Dues:
$180
Total:
$780
40 Units
$300
Cost Per Unit:
$15
2% of Total Dues:
$240
Total:
$840
50 Units
$300
Cost Per Unit:
$12
2% of Total Dues:
$300
Total:
$900
75 Units
$300
Cost Per Unit:
$10
2% of Total Dues:
$450
Total:
$1,200
100 Units
$300
Cost Per Unit:
$8
2% of Total Dues:
$600
Total:
$1,400
150 Units
$300
Cost Per Unit:
$6
2% of Total Dues:
$900
Total:
$1,800
200 Units
$300
Cost Per Unit:
$5
2% of Total Dues:
$1,200
Total:
$2,200