What's included
What this service covers
- Monthly financial statements on Shiftsuite
- Reserve fund tracking and contribution monitoring
- Budget vs. actual reporting
- Accounts payable and receivable management
- Annual audit support and coordination
- Reserve fund study coordination with your engineer
What your board receives
- Monthly statements you can read at a glance
- A reserve fund trend you can track over time
- Open items listed clearly each month
How it's reported to you
- A monthly report card: reserve fund trend, budget vs. actual, open items
- Year-end packages ready for your auditor
FAQ
Common questions
Put this to work for your building.
Board reporting
What your monthly report card looks like
Sample report – illustrative figures
Reserve fund trend
J
F
M
A
M
J
Balance trending up month over month.
Budget vs. actual
- Budgeted
- $184,500
- Actual
- $178,200
- Variance
- +$6,300 under
Open items
- Boiler service quote
- Elevator inspection booked
- Reserve study update