Homeowners Associations
Recent changes to Washington state law have raised the bar for HOA financial transparency and compliance. Neve keeps your association ahead of every new requirement — so board members can meet their fiduciary duties with confidence.
Accounting tailored to homeowners associations
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Real-Time Compliance Monitoring: Neve automatically flags financial activities that may fall outside of WUCIOA requirements.
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Simplified Oversight: Board members get clear, high-level dashboards and plain-language reports that make Audit-Ready status a daily reality — not just a year-end scramble.
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WUCIOA-Mandated Accrual-Based Financial Reporting: We provide full-cycle accrual accounting to meet the new mandatory state standards for transparency and accuracy.
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Audit Coordination & Compliance: We facilitate the now-mandatory annual CPA audits for associations over the $100,000 threshold and manage waiver processes for smaller communities.
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Reserve Fund Oversight: Our team manages interest-bearing reserve accounts and ensures all borrowing or allocations meet the strict new 24-month repayment and disclosure laws.
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Annual Assessment Reconciliation: We perform the required annual reconciliations to ensure owners are assessed correctly for actual expenses, protecting the board from liability.
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Assessment Collection & Tracking: Modern, automated systems for tracking payments and managing delinquencies in accordance with RCW 64.90.
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Tax Preparer Collaboration: Expert preparation support to ensure your association’s tax filings are as seamless as your monthly reports.