Frequently Asked Questions

What is your pricing method?

Our pricing method depends on the size of the community, as well as the complexity of the services required. You will find out the projected price of your desired service level in our intro call, assuming you already know what your needs are. Generally, the number of residents or units, plus the services required are factored into the rate.

Does my neighborhood qualify?

Yes! We provide remote financial services for Civic Associations, Condominiums, Home Owner Associations (HOA’s), Maintenance Corporations or Associations, no matter where you’re located in the United States – CBS will provide your community with a wide range of professional, accounting and billing solutions that cover exactly your needs.

Is my community too small?

CBS can provide critical services for your community no matter how many homes or units there are. From the smallest to the largest communities, we’re able to provide your neighborhood with expert financial services.

How does it work?

We handle every detail and report directly to the Board as your dedicated Finance & Accounting Department. We make certain everything is being done properly and in accordance with all Federal, State, and local laws covering community finances.

How can CBS provide these vital services remotely?

With our cutting edge, proprietary technology, programs and leading industry partnerships, we minimize the expense and time constraints that traditional accounting and bookkeeping service businesses operate under. Having a financial specialist handling the books doesn’t require them to be in the same town or even the same State these days.

Why are more Volunteer Boards outsourcing their financials?

Boards are usually made up of civic minded and dedicated volunteers that want to help their community or neighborhood, but these same people also have full-time jobs, careers, are full-time parents or care givers for aging parents or relatives, all which take priority over their volunteer position. Rarely does a Board have an Accounting or Financial professional that is able to devote the many hours needed to properly oversee and handle the association’s finances. From paying invoices on time and to recording each homeowner’s dues or assessment payments in a manner consistent with standardized accounting principles (GAAP) with all of the detailed records and reporting that is legally required. In recent years, many banks and other financial institutions stipulate that their employees are prohibited from serving on community boards to avoid any hint of impropriety and possible legal entanglements.