[SFH] [NC] Software for HOA Accounting with Non-Member Homeowners
We are exploring software options to automate our accounting/bookkeeping, which is currently maintained in Excel spreadsheets. There is one specific nuance that makes our research a bit more challenging.
Our self-managed HOA has fewer than 75 homes and pays the expenses for a security gate and common access road also used by two neighboring groups of homeowners. One neighboring subdivision has fewer than 140 homes; the other is a small group of fewer than 7 homes that is not itself an HOA. We directly bill the individual homeowners in both groups for their respective shares of these common expenses, even though they are not members of our HOA.
We need software that can handle normal HOA accounting/bookkeeping — homeowner billing and receivables, payables, budgeting, financial reporting, etc. — while also properly incorporating these separate groups of non-member homeowners into the billing, receivables, and budgeting process. A homeowner portal and similar community-management features are not absolutely necessary for us.
QuickBooks is already on our shortlist, so we're particularly interested in hearing about HOA-specific or other software alternatives that can properly handle this arrangement. Is anyone in a similar situation, or using software they would recommend?
Thanks in advance for any suggestions or insight!