How to keep the accounts of a community of owners

Living in a community of neighbors requires the fulfillment of a series of norms and conducts that ensure a good coexistence and the well-being of each of the members that are part of it. But this is not the only aspect that should be shared, since the management of accounts in a community of owners is an unavoidable task that must be carried out with precision. In this article we tell you in detail how to keep the accounts of a community of owners .

Steps to follow:

one

In owner communities, all residents must be informed of common accounts . For this reason, the holding of owners' meetings will be used to approve the accounts of each year, make a balance of expenses and income and make the pertinent decisions about future movements or actions.

two

Normally, the figure of the president or the administrator of farms (if they have hired their services) is in charge of keeping the accounts and ensuring the proper functioning of the economic activity in the community. Despite being available to the community's capital, the person in charge of accounting can not make use of it without the authorization of the other owners, who must make a joint determination in advance.

3

To make an optimal management of the accounts of a community of neighbors, the responsible person must record in a Book of Accounts all the income and general expenses of the community . That is, to be up-to-date from the usual transactions such as the payment of owner's fees, the spills, the reserve fund, the payments for cleaning services, employees, etc. even other extra income for rental of premises, billboards, etc.

4

Once the annual exercise is finished, the accounts of the community must be approved in a neighborhood council, as we pointed out. At this time, details will be presented about all the expenses and income, the debts in case they exist and, also, a review of the quotas of each of the owners and inform of the forecast for the following year.

5

Being in charge of the accounting of a community of owners can be a very complex task and, in many occasions, it is advisable to have professional advice for better management and avoid conflicts, at the same time. Now, thanks to the online accounting managers, there is the possibility of doing an accounting management in a simple, agile way and without needing to have any type of knowledge in the matter.