Services

At AAM, we believe that ensuring strong fiduciary management is one of the most important aspects of professional community management. In addition to full service management, AAM offers Financial Management, a more flexible management option to Associations that still want to retain control of their day-to-day functions, but need the professional resources to manage their community finances. This limited service package provides professional accounting management to associations at an economical price.

AAM’s Financial Management services include:

  • Providing a thorough, accurate and searchable financial statement package each month
  • Preparation of monthly, quarterly and year-to-date comparisons, Bank reconciliation, Budget vs. Actual Variance Exceptions and Delinquent & Prepaid Residential Report
  • Preparation and processing of the annual budget
  • Homeowner access to Customer Service Representatives for billing questions
  • Digital archive of meeting minutes
  • Preparation and participation of Annual Meeting
  • Daily lockbox payment processing
  • Coordinate preparation of the Federal and State tax returns
  • Accurate and complete records of all owner accounts
  • Ensuring Association bank accounts are FDIC Insured
  • Multiple assessment payment options
  • Coordination of review, audit or compilation with independent CPA
  • Processing payment of approved vendor invoices