Why Month-End Reconciliation Is Too Late
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.
HOA accounting insights, compliance tips, and industry news.
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.