Home Knowledge Base Buildium Academy Accounting Cycle for Associations

Accounting Cycle for Associations

Course description

This course is designed for managers and accountants of homeowner or condo associations who handle any financial transactions in Buildium. Learn how to manage your monthly financial cycle, from receiving payments to reconciling bank accounts.

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Upon completion of this course, you will have learned how to:

  • Enter charges
  • Record association owner payments
  • Manage bank deposits
  • Enter and pay bills
  • Collect management fees
  • Print checks
  • Reconcile bank accounts
Course Outline Lesson duration
Chapter 1: Entering Charges 16 min
Chapter 2: Receiving Payments 10 min
Chapter 3: Depositing Payments 5 min
Chapter 4: Paying Vendors 12 min
Chapter 5: Collecting Management Fees 12 min
Chapter 6: Printing Checks 10 min
Chapter 7: Monthly Reconciliation 12 min
Total course time: 77 min
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