How It Works
We partner directly with Strata Management Corporations (SMCs) to take over the bookkeeping and accounting function for your entire client list. We integrate seamlessly into your processes, work within Condo Manager, and deliver monthly, AGM-ready reports.
Our Partnership Model
- Fee Structure: 15% of the strata management fees you charge each strata corporation.
- Scope: Cash-basis accounting and posting regular/special levy assessments for every strata you manage.
- Software: Condo Manager expertise (or we can adapt to your platform).
What We Do For You
- Regular and special levy assessment postings
- Secure electronic funds management and PAD withdrawals
- Bank and trust account reconciliations
- Recording all income and expenses (cash basis with the exception of year end, prepaids or special cases)
- Monthly financial statements (ready to send to strata boards)
- Monthly operating, CRF & levy account balancing verifications and adjustments
- AGM financial package preparation
- Reserve fund or special project snapshot reporting
- Compliance with BC strata financial regulations.
Why Partner With Us
- Scalable: Add new strata clients — we scale with you instantly.
- Cost Predictable: Fixed percentage of your fees, no hourly surprises.
- Seamless Onboarding: SOP-driven means minimal disruption.
- Specialized Expertise: We know strata accounting — and the industry tools — inside out.
Example
Your SMC adds a 20-unit strata
- You charge the strata $1,300/month in management fees
- Our fee = 15% = $195/month
- We handle your accounting for that strata — from day one