Managing the finances of a property includes:

  • Timely payments from the bank accounts for the services and energy.
  • Periodical clearing of advances for the utilities.
  • Preparation of the annual reports with the objectives of the plan of revenue and expenditure for the maintenance of the property and the costs of individual items for the previous year.
  • Preparation and submission of documentation for social securities and the tax office.
  • Carrying out settlement with energy suppliers.
  • Accounting of costs of common property management.
  • Settlement of costs related to the flat ownership.
  • Calculation of advance fees to cover operating costs, renovation fund and other costs associated with the maintenance of the common property.
  • Collection of property income.
  • Preparation of annual fund plans.
  • Preparation of periodical and annual financial statements of the housing community.