Financial Presentations
As an SMS Strata client you will receive first-class financial reporting so you can see just how your investment is working for you. Our reports are clearly set out and include: balance sheets, statements of income and expenditure for administration fund & sinking fund and cash payment reports. We also offer cash receipts reporting, arrears reports, financial reports, financial updates and budgets.
Reports produced for Strata Management Services include:
- Balance sheet - with balances and account details of all monies held.
- Statement of income and expenditure - Administration fund.
- Statement of income and expenditure - Sinking fund.
- Notes to the above accounts and Quarterly reports of the Management of Funds.
Supporting reports provided include:
- Cash Payments Report - detailing every payment made on behalf of the Owners' Corporation.
- Cash Receipts Report - detailing monies received.
- Arrears Reports - detailing Proprietors in arrears.
- Financial updates can be provided at any time upon request.