Bookkeeping software for HOAs
HOA bookkeeping software has to keep clean books every month with a volunteer board. Adopt brings in every deposit and payment, suggests the category with the reason behind it and reconciles the operating and reserve accounts.
How HOAs handle this today.
A volunteer keeps the books. The treasurer has a day job.
Dues arrive in dribs and drabs. Checks, transfers and online payments land all month.
Reserve transfers get lost. Money moved between operating and reserve accounts is easy to miscode.
The handover is a folder. A new treasurer inherits a spreadsheet and a guess.
HOA bookkeeping, clean every month
Adopt prepares the work in the background. Your team reviews and approves it, and every approval stays on the record.
Connect your accounts
Link bank and card accounts, or upload statements. A statement uploaded twice is not added twice.
Suggested categories
Dues deposits, vendor payments and reserve transfers each get a suggested account, with the reason shown.
Accept or change
Accept in bulk or one row at a time. Nothing is applied until you accept it.
Reconcile and report
Accounts reconcile to their statements, to the cent, and monthly statements are ready to review.
What changes for HOAs
Less entry for the treasurer
Transactions come in on their own. The treasurer reviews and accepts.
Both accounts reconciled
Operating and reserve accounts each tie to their statement to the cent.
A trail for the next board
Every category shows where it came from and who accepted it.
FAQs
It records dues and expenses, categorizes each transaction and reconciles the association’s accounts. Adopt prepares that work and the board approves it.
Yes. Adopt suggests each category and explains why, so the treasurer reviews and accepts instead of keying entries.
Adopt suggests a category for each transaction and shows why. Nothing is applied until someone on your team accepts it.
Yes. You can start free and connect your first accounts without talking to sales.
More software for HOAs
Bookkeeping software for other industries
Clean association books, every month.
You approve every entry.
Start free and connect your first account. Adopt works on its own, so you do not need another accounting system to begin.
