The Fee Accounting Advantage is a solution for processing your monthly accounting information. We will maintain a general ledger for all of your monthly accounting activity and provide monthly financial statements in the format that you and your Board require.
Additionally, we will complete all budgeting and Year-end reporting to HUD/REAC and provide work papers for independent auditors.
On a monthly basis we will provide your housing authority with the following accounting services:
• Prepare monthly bank reconciliations
• Prepare monthly adjusting journal entries
• Record receipts and disbursements
• Maintain a general ledger of all authority activity
• Prepare monthly financial reports, custom tailored to your needs
• Prepare a monthly FDS along with your Financial Ratios
• Prepare a “simple” cash flow
• Prepare and submit your 52681-B form, monthly, to REAC