Financial Management & Accounting
Bookkeeping, financial reporting, and ongoing accounting support are provided by an outsourced accountant. This arrangement helps ensure that the Association’s financial records remain accurate, organized, and current throughout the year.
Reconciled financial statements and reports are typically provided by the 15th day of the following month, allowing the Board to conduct timely financial reviews and maintain transparency in reporting.
Annual tax preparation and filing are performed separately by a qualified tax professional. The Association’s federal tax filing deadline is April 15 each year.
Financial records, invoicing, accounts receivable tracking, and reporting are maintained through Intuit QuickBooks Online, providing secure and efficient financial management for the Association.
Assessment Payment Schedule
Quarterly assessment (dues) invoices are issued electronically on the 15th of March, June, September, and December. Payments are due by the 30th of each billing month, providing homeowners with 15 days to submit payment.
Homeowners are welcome to prepay assessments at any time. Please note that assessment prepayments are non-refundable and will be applied toward future Association assessments. If assessment amounts change, any remaining balance due after a prepayment adjustment will remain the homeowner’s responsibility.
Electronic Billing
All billing notices are provided electronically, so homeowners must maintain a current and valid email address on file for assessment communications.
Invoices are sent from [email protected]. If you do not see your invoice in your inbox, please check your spam or junk folder.
Fees
- Quarterly Dues: $178 per quarter ($712/yr.)
- Late Fee: 10% if payment is not received within 15 days
- HOA Initiation Fee: $750
- Transfer Fee: $350
- Compliance Fee Violations: See attached PDF for applicable violation fees and details
Payment Methods
Payments may be made via Zelle, a mailed check, or your bank’s online bill pay. Zelle is the Association’s preferred method of payment. Please note that money orders do not allow for mobile deposit; therefore, they are only accepted in special situations that have been approved in advance by the Board.
Zelle payments may be sent using:
678-265-5784
Checks may be mailed to:
2146 Roswell Rd. #108-610
Marietta, GA 30062-3802
To help ensure payments are posted correctly and on time, please include the homeowner’s name and property address in the memo line.