---
title: Need feedback on our HOA accounting - we may have done it wrong
description: Our HOA accounting doesn't look right. I think our property manager did it wrong.
---

[Skip to content](https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx#main-content)

# Need feedback on our HOA accounting - we may have done it wrong

| [Condo Association Management](https://www.condoassociation.com/blog/topic/condo-association-management) |   [Board of Directors](https://www.condoassociation.com/blog/topic/board-of-directors) |  

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx>

## What do you think? Question:

****I have tried to figure out the financials and after speaking with the property management company was told because the HOA is a non profit and accounting is done differently!  She admitted that even a CPA cannot figure it out. I cannot prove any wrongdoing if they cannot explain their system. I would like feedback for this. I have been trying to figure out the regime increase which I was told was 5%. When I calculate the percentage its different. Please do the math for me. $601,257. to $637,830. Thats for the master budget for 256 doors. (6.08%?) Then $24,000. to $28,558. which is for 24 doors (18.99%) Using these figures I cannot see how its only 5%. What am I not seeing?

<https://www.facebook.com/sharer/sharer.php?u=https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx>

<https://twitter.com/intent/tweet?url=&text=https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx>

<https://pinterest.com/pin/create/button/?url=https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx>

<https://www.linkedin.com/shareArticle?mini=true&url=https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx>

## What do you think? Answers (10)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

## Related Posts

### [Who pays plumber's bill: HOA or owner?](https://www.condoassociation.com/blog/who-pays-plumbers-bill-hoa-or-owner)

### [Naples condo board does not communicate with owners](https://www.condoassociation.com/blog/naples-condo-board-does-not-communicate-with-owners)

### [How does four person condo association board overide split decisions?](https://www.condoassociation.com/blog/tabid/19257/bid/46172/How-does-four-person-condo-association-board-overide-split-decisions.aspx)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "dateModified" : "2024-10-01",
  "datePublished" : "2024-10-01",
  "headline" : "Need feedback on our HOA accounting - we may have done it wrong",
  "image" : [ "" ],
  "mainEntityOfPage" : {
    "@id" : "https://www.condoassociation.com/blog/tabid/19257/bid/49954/Need-feedback-on-our-HOA-accounting-we-may-have-done-it-wrong.aspx",
    "@type" : "WebPage"
  }
}
```