Financial Overview
Excalibur Enterprises, LTD
- Open Bank Accounts in Association's Name.
- Define Chart of Accounts.
- Obtain Historical Financial Records.
- Create Journals.
- Enforce Delinquency Collection Procedures.**
- Prepare Various Monthly Financial Statements
- Balance Sheet
- Check Register
- Profit and Loss
- General Ledger
- Income Statement
- Year-to-Date Comparison
- Bank Account Reconciliation
- Paying All Authorized Bills.
- Funding Reserve Account.
- Review Utility Bills and Monthly Expenses.
- Review and/or Prepare Annual Budget.
- Maintain All Association Records.
- Work with Accountant to Prepare 10-99s and Promptly
File Annual Federal and State Tax Returns.
- Facilitate Refinancing and Transfer of Ownership
Efforts by Providing Lenders and Escrow Officers with Necessary Documents.