RAISING STANDARDS IN CONDOMINIUM MANAGEMENT
ACCOUNTING PACKAGES
Ensure peace of mind by engaging professionals to handle your accounting. We employ Shiftsuite and SparcPay for fully online approval of invoices. A complete history is at your fingertips, and all board members are able to see any invoice for the entire fiscal year.
Standard
$400/month
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Monthly Financial Statements
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Monthly Bank Reconciliations
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Necessary Accounting Entries
Enhanced
$525/month
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Monthly Financial Statements
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Monthly Bank Reconciliations
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Necessary Accounting Entries
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Monthly Accounts Payable Processing
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Annual Budget Preparation
Premium
$650/month
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Monthly Financial Statements
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Monthly Bank Reconciliations
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Necessary Accounting Entries
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Monthly Accounts Payable Processing
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Annual Budget Preparation
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Reserve Fund Investment Plan and Implementation
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Accounts Receivable:
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Processing of Common Element Fees
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Arrears Letters
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Liens
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RESERVE FUND PACKAGE
$500
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Obtain 3 engineering quotes
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Assist with paperwork submission
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Review of the draft reserve fund study
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Recommendations to the board
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1 board meeting to discuss the study
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Additional meetings are $200/meeting
CONDOMINIUM AUTHORITY OF ONTARIO PACKAGES
Not sure what form is needed or when to send it? Our Condominium Authority of Ontario package deals with the new mandatory forms for meetings, new owners and periodic updates.
Standard
$500/year
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Preparation of annual CAO returns
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Invites for board members to complete training
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Training tracking and documentation
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Board disclosures and tracking
Enhanced
$640/year
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Preparation of annual CAO returns
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Invites for board members to complete training
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Training tracking and documentation
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Board disclosures and tracking
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Preparation of two Periodic Information Certificates each year
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Preparation of one Information Certificate Update each year
Premium
$780/year
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Preparation of annual CAO returns
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Invites for board members to complete training
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Training tracking and documentation
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Board disclosures and tracking
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Preparation of two Periodic Information Certificates each year
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Preparation of one Information Certificate Update each year
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New Preliminary Notice of Annual General Meeting (1) and New Notice of Annual General Meeting (1) including new proxy forms
UTILITY REPORTING PACKAGE
(Bill 135)
$1500/year
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All work related to the mandatory utility reporting due by July 1st each year for condominiums with common areas and a total square footage of 50,000 or more.
FULL-SERVICE CONDOMINIUM MANAGEMENT PACKAGES
Each of these packages includes the same level of accounting package.
Standard
$900/month
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Attendance at (1) Annual General Meeting
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24/7 365 days/year emergency contact
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Assumes approximately 16 hours of condominium management time each month
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Attendance at (3) Board Meetings each year
Enhanced
$1300/month
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Attendance at (1) Annual General Meeting
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24/7 365 days/year emergency contact
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Assumes approximately 24 hours of condominium management time each month
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Attendance at (6) Board Meetings each year
Premium
$2100/month
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Attendance at (1) Annual General Meeting
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24/7 365 days/year emergency contact
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Assumes approximately 32 hours of condominium management time each month
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Attendance at (9) Board Meetings each year
STATUS CERTIFICATE PACKAGES
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We can supply status certificates at no cost to the condominium corporation and charge the purchaser of the status directly.
