How to best manage condo finances?
March 23, 2011 10:53 AM Subscribe
How are you managing finances in your small condo association? Do you use something like Quickbooks, or maybe just spreadsheets?
posted by Right On Red to Home & Garden (4 answers total)
Small association of six units, recently decided to "self-manage". Looking for the right approach that will allow us to generate monthly reports, keep track of who has paid their dues and who is delinquent, perhaps help with budget generation, etc.
Quickbooks looks like a possibility, though I've seen people complaining about how hard it is to adapt it for this task or that support is poor. Spreadsheets are another possibility, but some complain they are barely adequate for this, and reporting capabilities are weak.
What do you do? Your experience with software tools or other approaches for accounting is appreciated.