document binder and income statement reports with detail list of revenues and expenses, pen pointing at credit revenues | hoa income statement

What Is An HOA Income Statement?

Among the many financial statements of an organization, the income statement is one of the most essential. But, what does an HOA income statement include? And what purpose does it serve a homeowners association? Let’s find out.   In this article: What Is an HOA Income Statement? The Importance of an HOA Income Statement What…

financial balance sheet with calculator and pen | HOA general ledger

Understanding An HOA General Ledger

A homeowners association must keep track of its financial transactions to accurately report and assess its financial health. In order to do this, you must have a central location and an organized procedure for recording your finances. Enter the HOA general ledger.   In this artcle: What Is a HOA General Ledger? The Importance of…