Bookkeeping

Equities vs Stocks: They arent the Same And Here Is Why

In bankruptcy proceedings, common stockholders often end up with nothing for their ownership. Secondly, preferred shareholders cost of bookkeeping services for small business must be paid their stated dividend income before any payments are made to owners of common stock. Unfortunately, like common stock, a company is not required to pay dividends. During the COVID-19 […]

Bookkeeping

Homeowners Associations Coram, NY

The sooner you catch a problem, the sooner you’ll be able to solve it. At PayHOA, we strive for constant improvement, and that is why we have expanded our offerings to include our bookkeeping service. Our HOA bookkeeping service can make the end of the year more relaxing for you, but that’s not all. Finally, […]

Bookkeeping

An HOA Accounting Guide For HOA Board Members HOAM

The Accounts Payable is a statement that lists all the unpaid expenses of the association. This includes maintenance costs, utility bills, and municipal fees. The Accounts Receivable is a statement that lists all the money owed to the association. Your HOA board has a duty to manage the association’s finances correctly. Owners become rightfully upset […]