A Summit County property management company runs day-to-day operations for a portfolio of mountain associations. It wanted the accounting done well without building an in-house accounting department, so it partnered with Powder Accounting Group.
The setup: white-label
We keep the associations’ books under the manager’s name. The boards keep working with their manager exactly as before, and the manager gets a back office it doesn’t have to staff.
What we handle
- Monthly closes and financial packets for every association
- The management company’s own books
- CFO-level support when the manager needs it
The manager keeps dues processing and bill entry in AppFolio, so the split of work is clear.
What makes it work
When the manager’s team has a question about an association’s books, they call and reach someone who knows the file. That responsiveness is the whole difference. The packets are on time, the answers are quick, and nobody waits on a support queue.
White-label or direct bill
Some managers prefer that we bill each association directly instead. We do both. See accounting services for property managers for pricing and a quote.
Want a firm that picks up the phone? Schedule a call with our team or call (970) 633-3997. You can also see what HOA accounting costs.
More on accounting for property managers and HOA management companies.