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Category:
General Building Operations
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The Basics of Condo Bookkeeping/Accounting for Condo Boards
Author:
Evelyn
Publication date:
November 22, 2021
Article Summary:
This article provides a basic understanding of bookkeeping and accounting for condo boards, covering topics such as the fundamentals of the balance sheet, general ledger accounting, statements of income and expenses, cheque register, accounts payable, and annual audits. The article emphasizes the importance of using proper condo accounting software to simplify the process of tracking finances and making informed decisions with the board.
Keywords:
condo bookkeeping, condo accounting, balance sheet, general ledger, income and expenses, cheque register, accounts payable, annual audits, and condo accounting software.
Source Citation:
Evelyn
The Basics of Condo Bookkeeping/Accounting for Condo Boards
November 22, 2021
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