Newgent Management, LLC

Company Description

Newgent Management maintains all association's financial records: We keep your association's complete financial picture with full general ledger accounting. Track income, expenses, liabilities, bank account balances and more on a cash or accrual basis. Run key financial reports including the Income Statement, Balance Sheet, and Cash Flow Statement.

• Track association maintenance fees collected and association expenses
• Track bank account balances and reconcile against your bank
• Generate key financial reports on demand

Board members “only” can view financial reports.

Track association owners, charges and payments

Keep a history of all owners, their charges and payments. Print owner statements and run delinquency reports on demand. Our system automatically charges late fees according to your association's procedures.

• Maintain owner and board member contact information
• Track owner payments, charges and balances and view owner ledgers
• Setup recurring charges for fees, special assessments and more
• Generate delinquency reports and other owner reports on demand
  
  

Create and maintain budgets
We operate within plan, “your plan”. We will create budgets for operating expenses and special projects. Monitor and control spending by comparing actual income and expenses to budgeted amounts.

• Create budgets to forecast income and expenses
• Compare actual income and expenses to budgeted amounts. Generate budget reports on demand
  
  

Accept and issue electronic payments
We allow owners to pay association fees online via your association website, either by scheduling the payment or by initiating it each month. Pay bills online by issuing electronic payments. Our office also maintain a mailing services for those who prefer to receive a monthly paper trails.

• Allow owners to pay association fees online safely and securely
• Automatically update owner ledgers when payments are received.
• Pay bills online by issuing electronic payments to participating vendors
• Run activity reports to view pending, funded and rejected payments
  
  

Track association issues and to-dos
We never lose site! We keep you organized and get more done by tracking community issues, to-dos and other tasks in one place.

• Allow owners to submit issues and to-dos via your association website
• Get notified when someone submits or updates a new item
• Prioritize items, set due dates and track progress. Run reports to view items by category, priority, due date and more
  
  

Keep track of maintenance and repair records
Maintain continuity even when board members move on by keeping track of valuable maintenance and repair records online. Access warranty information from any computer connected to the Internet.

• Keep maintenance and repair records online
• Attach electronic copies of checks, invoices, receipts and more
• See which vendor performed a particular repair and Maintain warranty information in one place
  
  

Participate in community forums

Stay connected by posting electronic announcements and notices online. Share ideas and find out what other association owners think by participating in private community forums.

• Post association announcements, notices and bulletins online
• Allow owners to participate in private community discussions
• Allow owners to download association bylaws, meeting minutes and other important documents from your association website
• Allow owners to maintain and share contact info with others online