A strong, coordinated financial management system with adequate checks and balances is essential to the fiscal health and responsibility of an association. Clemons & Associates, Inc. works closely with its clients to initiate and maintain their financial systems.

Services Include:

  • Preparing and developing the annual budget
  • Preparing and distributing detailed, monthly financial statements and budget comparisons
  • Invoicing for receivables and follow-up collections
  • Maintaining financial records and monthly journal ledgers
  • Reconciling monthly bank statements
  • Preparing monthly checks to pay association bills
  • Credit card processing
  • Investing association monies and surplus funds to maintain the proper balance of revenue and security at the direction of the board of directors
  • Working closely with independent certified public accountants for preparation of tax returns, financial reviews and audits.