Accounting
Ditch the stress of financial management and let our team of experts make your life a little easier. Sovereign & Jacobs offers full-service property management accounting using TOPS software. Our team provides the following services:
- Assist Board with budget development
- Assessment payment collection
- Coordinate payment plans & work with Association attorney on collections
- Foreclosure, lien, and bad debt tracking
- Deficit funding and cash flow projections
- Maintain bank accounts & investments to maximize interest returns while monitoring FDIC limits.
- Coordinate year-end financial audits and tax return preparation
- Verify vendor contracts & insurance certificates
- Weekly A/P approval by Board (if requested) prior to cutting checks
- Monthly financial report distributed to the Board by the 25th of each month
