Financial and Administrative Services

Whether a client wants to refurbish their foyer, pave their parking area, raise a special levy for a large painting and waterproofing project or build up a reserve by increasing levies, Etrofield Property Management Services offers financial advice and planning to make all these improvements possible.

Our primary goal is to preserve and enhance the value of every property in our portfolio and nothing is more important than the management and investment of our clients’ money. We ensure that all our clients are kept fully informed by preparing and distributing management reports on a monthly basis.

Functions

Monthly invoicing to members reflecting levies due.

Collection and receipt of levies and monies due to the property Collection of arrear levies and institution of legal action if necessary Verification and payment of all accounts to suppliers.

Payment of employee salaries, wages, PAYE, UIF and Workmen's Compensation and submission of returns.

Preparation of annual estimates of income and expenditure.

Keeping full records of administration including proper books of accounts Preparation and distribution of monthly management reports.

Arranging of the annual audit in liaison with appointed auditor.

Assisting in determination of replacement values for insurance purposes.

Liaising with insurance brokers regarding quotations and claims.

Submission of annual income tax returns.

Registration with the Community Schemes Ombud Service and submission of annual returns

Reconciliation and payment of levies to the Community Schemes Ombud Service