Financial Services
The Managing Director of Archers, Mr Colin Archer, is a partner at Archer Gowland Chartered Accountants. This means we can offer you the added benefit of the expertise and knowledge provided by our association with this accountancy firm.
BANKING
- Open, maintain and operate a bank account in the name of the body corporate for the administrative and sinking funds
- Invest surplus funds in term deposits, on approval from the body corporate
FINANCIAL STATEMENTS AND REPORTS
- Maintain a computerised ledger including monthly postings and bank reconciliation
- Prepare a monthly balance sheet
- Prepare quarterly financial accounts on a cash basis to be forwarded to the Committee on a quarterly basis
- Prepare accrued annual financial statements for auditors and owners at AGM
- Prepare the annual Statement of Accounts to be presented to an auditor where an audit is requested
BUDGETS
- Prepare draft annual administrative and sinking fund budgets for the committee's consideration
LEVY MANAGEMENT
- Issue levy and other contribution notices
- Receipt and bank levies
- Issue notices of overdue levies within seven days after due date for payment
ACCOUNTS PAYMENTS
- Undertake bi-weekly payments of all accounts as authorised by a nominated representative of the body corporate
AVAILABLE UPON REQUEST (at additional cost)
- Provide professional investment advice with respect to surplus body corporate funds
CLICK HERE to request a Body Corporate Administration Quotation or for further information regarding this service please contact your local office or our Business Development Manager, Andrew Staehr on 0458 272 450






