Yorklyn, Delaware
Community Billing Services
Let’s Find You The Service You’re Looking For!
Every neighborhood and community association deserves to have an affordable, Professional Financial Management Service that integrates all their Accounting, Assessment/Dues Billing & Collection, Banking, Reporting, and Vendor payments, that provides compliance with all applicable Federal and State laws for the financial aspects of running any type of association.
At Community Billing Services (CBS), we’re focused on providing you with a full-range of financial and banking services for every self-managed or professionally managed community, neighborhood, or association and all at a reasonable price. With our services, you’ll have the peace of mind that nothing is being overlooked or forgotten. CBS makes it much easier for your association to get new Board members, especially a Treasurer, since we handle all the difficult financial back office functions for you!
Our Services
- Assessment/Dues processing (monthly, quarterly, semi-annually, annual billing)
- Collection processing & bank deposits
- Monthly accounting reports
- Phone or email support to answer questions or address any financial issue
- Insurance coverage review & recommendations
- Annual budget review, assistance, and recommendations
- Financial portal access for Board Members and every homeowner
- Resale certificates/payoff statements
- Optional enhanced portal provides every resident and homeowner with access to their account information; community documents; event calendar; and more
- Optional services to provide either email or USPS mailing of community newsletters, board communications and any other letters or notices (US Mail option is priced per mailing)
Frequently Asked Questions
Our pricing method depends on the size of the community, as well as the complexity of the services required. You will find out the projected price of your desired service level in our intro call, assuming you already know what your needs are. Generally, the number of residents or units, plus the services required are factored into the rate.
Yes! We provide remote financial services for Civic Associations, Condominiums, Home Owner Associations (HOA’s), Maintenance Corporations or Associations, no matter where you’re located in the United States – CBS will provide your community with a wide range of professional, accounting and billing solutions that cover exactly your needs.
With our cutting edge, proprietary technology, programs and leading industry partnerships, we minimize the expense and time constraints that traditional accounting and bookkeeping service businesses operate under. Having a financial specialist handling the books doesn’t require them to be in the same town or even the same State these days.
We handle every detail and report directly to the Board as your dedicated Finance & Accounting Department. We make certain everything is being done properly and in accordance with all Federal, State, and local laws covering community finances.
CBS can provide critical services for your community no matter how many homes or units there are. From the smallest to the largest communities, we’re able to provide your neighborhood with expert financial services.
Boards are usually made up of civic minded and dedicated volunteers that want to help their community or neighborhood, but these same people also have full-time jobs, careers, are full-time parents or care givers for aging parents or relatives, all which take priority over their volunteer position. Rarely does a Board have an Accounting or Financial professional that is able to devote the many hours needed to properly oversee and handle the association’s finances. From paying invoices on time and to recording each homeowner’s dues or assessment payments in a manner consistent with standardized accounting principles (GAAP) with all of the detailed records and reporting that is legally required. In recent years, many banks and other financial institutions stipulate that their employees are prohibited from serving on community boards to avoid any hint of impropriety and possible legal entanglements.
Need Help With Your Neighborhood?
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