HOA Accounting Basics: How to Read Financial Statements, Reconcile Accounts, and Build Report Packets

HOA accounting software SKP: how to read HOA financial statements

Key Takeaways Most volunteer board members inherit a financial system with no documentation, no training, and no transition plan. Consider this the missing manual. HOA bookkeeping comes down to three repeatable tasks: recording transactions in a general ledger, reconciling that ledger against the bank statement, and packaging monthly reports for the board. A volunteer with…

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The Guide to Indiana HOA Laws

The self-managed board's guide to Indiana HOA laws

Key Takeaways Indiana HOA laws changed more in the 2026 legislative session than in the previous decade, and the changes landed hardest on self-managed boards with no management company to flag them. A board that fines owners under a decades-old covenant clause, charges $35 per hour to pull records, or demands 75 percent approval to…

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How to Transition Your HOA From a Management Company

HOA management transition

Key Takeaways Many community boards decide to self-manage, then stall on the logistics. This guide is about how to make the change happen, not whether the decision is right for your community. Successfully running a self-managed HOA after leaving a management company comes down to two things: the termination notice process and the document handoff.…

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How to Drive HOA Portal Adoption in Your Community

HOA portal adoption

Key Takeaways Board members and community managers ask the same question all the time: “We set up the software, so why aren’t homeowners using it?” The answer is usually hidden friction at the first sign-up step, plus a communication effort that stopped after launch day. When boards convert to modern HOA software, it’s tempting to…

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The Guide to Washington HOA Laws

The self-managed board's guide to Washington HOA laws

Key Takeaways Timing is critical when dealing with Washington HOA laws. Most HOAs established before July 1, 2018 are still governed day-to-day by the Homeowners’ Associations Act (RCW 64.38), while associations created on or after that date fall under the Washington Uniform Common Interest Ownership Act (WUCIOA, RCW 64.90). Several WUCIOA provisions already apply to…

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