Bookkeeping Service
Bookkeeping Service Sectional Title and homeowners associations
Commercial Industrial and Residential Property
De La Porte Property Management offers a bookeeping only service at a very reasonable fee to smaller Body Corporates and Homeowners Associations (HOA's), Property Owners Associations (POA's) and property owners in general that either can't afford a full service property management function or don't require one.
Trustees or the property owner remain in control of maintenance and daily duties, but receive professional bookkeeping services for way below what it would cost for a full service option.
We provide our clients with a menu of services from which they can choose. For instance, they choose the bookkeeping only service and they can consult with one of our Sectional Title experts on other matters on an hourly or contract rate when the need arises.
Financial management is the most important element of a healthy Body Corporate-everything flows from it. It is the one function that should be outsourced to a professional and reputable property management company.
Our Bookkeeping only service typically includes the following:
ACCOUNTING
• Manage the collection of monthly levies.
• Verify the payment of all accounts payable by the Body from available funds.
• Prepare the annual estimate of income and expenditure to determine the monthly
levies.
• Prepare the annual budgets.
• Review monthly income and expenditure vs actual income and expenditure.
• Preparation of income and expenditure accounts for submission to the Trustees.
• Manage the annual audit with the auditor of the Body Corporate.
• Complete and submit VAT returns.
• Pay salaries, wages, PAYE, RSC Levies, Administration Board Levies
Unemployment Insurance Fund and Workmen’s Compensation.
• Collect arrear levies / rentals, and institute legal action where necessary on
instructions from the Trustees.
• Prepare monthly management reports for submission to the Board of Trustees
For more information, please contact: Jonty de la Porte 021 5519777 or jonty@delaporte.co.za
