OTHER
FINANCIAL SERVICES
- Comprehensive financial reporting to the
board of directors
- Short and long term planning of the reserve
fund for major repairs and replacements of the common elements
- Managing the collection and deposit of
the maintenance fees
- Collection of the arrears and managing
pertinent legal process associated with collection of delinquent
accounts
- Preparing accounts payable cheques for
suppliers based on the strict and rigorous system of purchase
orders and work orders
- Administration of the payroll with direct
deposit with ADP Canada
- Preparing annual budgets
- Managing banking agreement between A.A.
Property Management and Associates Inc. and other financial
institutions on behalf of our clients for earning best possible
interest rates. We are working closely with BMO, Scotia
Bank, RBC and TD
- Managing pre-authorized payments of the
CEF's for the clients who choose this option
- Planning and arranging for the on-time
preparation of the audited financial statements
- Managing the registration and discharging
of liens as per the Condominium Act
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