Accurate & Timely Financial Services
Trustees receive comprehensive monthly reports, including:
- Balance sheet
- Income statement including budget variance figures
- Reconciliation and schedule of accounts
- Trial balance
- Debtors age analysis
- Copy of the City of Cape Town account
Expert Financial Management for Body Corporates
Financial management is one of the core functions of a managing agent. At FMS, a dedicated team of accountants prepares monthly accounts that are reviewed and signed off by professionally qualified senior management before distribution to trustees.
This ensures trustees are equipped with the financial information they need to monitor building performance and measure results against budget. FMS’s financial reporting function also encompasses the arrangement of the annual audit and the preparation of the annual budget.
Benefits to each body corporate:
- Billing of monthly levy statements
- Debt collection
- Payments
- Annual budgets
- Digital monthly management accounts
- Audit management
- Statutory compliance
Through our online management platform, WeConnectU, FMS provides easily accessible, accurate, and timely financial information to trustees and owners. Our proficient team of financial controllers ensures that every aspect of a building’s finances is managed with precision – enabling smooth operations, reliable reporting, and complete peace of mind.
