Simplifying Financial Reporting for Community Boards
Managing a community is about more than upkeep. It’s about making informed decisions that keep your association financially sound—and your owners confident in the board’s leadership.
AMCC’s Financial and Operational Reporting services give HOA and condominium boards clear, timely, and easy-to-understand reports, so you always know where your community stands and what’s coming next.
We work with HOAs, condominium associations, and planned communities across Bucks and Montgomery Counties, providing the transparency and insight boards need to plan wisely, budget responsibly, and protect the long-term health of their communities.
What We Handle for You
We take care of the details, so your board can stay focused on the big picture.
Our reporting services include:
Monthly Financial Statements
Clear, accurate statements outlining income, expenses, and reserve fund activity.
Annual Budget Preparation Support
Hands-on guidance to help your board create realistic, sustainable budgets aligned with your community’s priorities, including flexible payment options for owners.
Delinquency & Collections Reporting
Regular updates on past-due accounts to keep the board informed and collections on track, ensuring flexibility with payment methods.
Invoice Tracking & Expense Management
Detailed tracking so you know exactly where community funds, including unpaid dues, are going.
Operational Status Reports
Summaries of ongoing projects, maintenance schedules, and vendor performance to keep the board in control.
Customized Board Reports
Tailored data views and summaries based on your community’s unique needs.
Hands-On, Experienced Financial Management
Every report is reviewed and explained by a qualified community manager. That means your board gets context, not just numbers—and can make decisions with confidence.
Real-Time Board Access to Financial Records
Board members can view reports, statements, and payment histories anytime through our secure online portal. No waiting. No digging through emails.
Responsive Support When Questions Come Up
Need clarification before a board meeting? Dealing with an unexpected expense? We’re here when you need answers—quickly and clearly.
Crestwood, Montgomery County
AMCC went above and beyond throughout the entire process. Lisa proactively guided me from the start and made a stressful situation feel completely manageable. The outcome exceeded my expectations.
— Charles B.
Resources For You
Our Interactive Budget Comparison Report helps HOA and condo boards quickly compare budgeted amounts to actual spending in a clear, visual format.
Use it as a live financial calculator:
- Enter budgeted and actual amounts by category
- Instantly see variances in real time
- Quickly identify areas that are under or over budget
A positive variance means the association is under budget.
A negative variance means it’s over budget.
The summary updates automatically, showing total budget, total actual spending, and overall performance.
Frequently Asked Questions
What are board financial reports, and why are they important?
Board financial reports give HOA and condo boards a clear picture of the association’s financial health. They typically include balance sheets, income statements, cash flow reports, and accounts payable summaries—helping boards monitor cash flow, assessments, and overall stability.
How often should our board review financial reports?
Most associations review financial reports monthly. Regular review promotes transparency, supports sound decision-making, and helps boards stay ahead of potential issues.
What reports are included in AMCC’s financial reporting services?
AMCC provides comprehensive financial reporting, including:
- Balance sheets and income statements
- Cash flow and expense reports
- Delinquency and accounts payable tracking
- Invoice and check register reporting
- Customized reports tailored to your association
How do these reports benefit owners and the association?
Accurate reporting improves transparency, reduces risk, and helps boards avoid unexpected assessments or financial shortfalls. Clear financial information protects property values and builds owner confidence.
How does AMCC support boards with financial management?
We provide hands-on support so boards don’t have to manage the details alone. From accounting oversight to online access and clear monthly reporting, we make it easier for HOA and condo boards to stay informed and in control.
