Finance Management Services & Solutions

Finance Management

Prudent Financial Management Solutions

Finance Department Services

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We take your finances seriously

Accounts

The Accounts function is to review the system which is currently being used and to make necessary changes, if required, to ensure that an optimal accounting system is in place. The Accounting system is set up for the following:

Generally, the duties of this function relate to accounts receivable and payable:

To pay on the owner’s behalf all expenditure pertaining to the management and maintenance of the building from the service charge collections. All bills will be checked thoroughly prior to making any payments
To submit a comprehensive statement of account for the building to the owners at the end of each month. This statement will provide a review of all income and expenditure during the period under review and also show the balance of funds held and amounts outstanding
Any surplus of funds due to the owners will be submitted together with the monthly statement of account

Collections

The Collections function ensures that there are sufficient funds for the proper running and maintenance of the property. The principal duties relating to accounts receivable are as follows:

In addition to the above, we also provide our clients with monthly reports outlining monthly collections and payments as well as debtors and creditors.

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Benz & Carlton is more than glad to be of service to you.