HOA Operations
5
min read
What’s the best way to reconcile HOA dues in QuickBooks after collecting them through a portal?
To reconcile dues collected through a portal, import transactions into QuickBooks and match them to bank deposits. HOALife’s integration simplifies this process.
Reconciling dues
After collecting dues via HOALife, you’ll receive a bank deposit. In QuickBooks, reconcile by importing or syncing the individual payments and matching them against the deposit. HOALife’s integration groups transactions by settlement date and sends them to QuickBooks, where you can match them to your bank statement.
Tips
- Use batch deposits: HOALife batches payments so they match bank deposits.
- Review fees: Account for processing fees separately in QuickBooks.
- Reconcile regularly: Perform reconciliation monthly to catch discrepancies early.
HOALife integration
Our platform exports payment details with payer names and amounts, making matching straightforward and transparent.
Ready to take a closer look at HOALife?
Find out if HOALife is the right fit for you in just 30 minutes.
Personalized demo
Time-saving tips for your HOA
No pressure, just answers
