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Day: April 19, 2024
Why Accrual Accounting Is the Best HOA Accounting Method for your HOA
HOA accounting is among the most complex tasks in HOA management. In any case, it involves tracking, recording, and reporting the financial activities of the community. Sound financial management is critical to ensuring the fiscal stability of the association. While HOA accounting can be daunting, understanding the basics of the different HOA accounting methods can…