Breakaway Management understands the unique needs of small condominium,
townhome, and homeowner associations. Due to budgetary restrictions, hiring a
property management company may not be a viable option.
Our accounting only service will handle all financial responsibilities for your
association so that you can focus on running the association.
More importantly, residents can access their account activity online from the
association's website provided by Breakaway Management.
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Serve as primary contact for the Board
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Setup association website
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Upload homeowner documents & meeting minutes
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Update resident and vendor information
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Create maintenance calendar
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Collect assessments
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Handle collections over 90 days
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Review and pay all invoices submitted for payment
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Provide monthly & annual financial statements
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Reconcile bank accounts monthly
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Assist in creating annual budgets
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Prepare and file corporate taxes
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Recommend savings strategies for reserve accounts
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