TABLE OF CONTENTS
- Association Membership Structure
- Closing & Transferring Memberships
- Assessments & Proration
- Association AP Workflow
- Association‑Related Reports
- Additional Notes
Association Membership Structure
Association workflows include the management of:
- memberships,
- member charges,
- recurring association assessments,
- closing and transferring memberships,
- and integration with Accounts Payable (AP) when applicable.
Associations use many of the same PropertyBoss structures as residential portfolios, but with association‑specific fields such as:
- ownership/membership assignment,
- monthly/quarterly/annual assessments,
- transfer requirements,
- proration rules,
- and closing processes.
Closing & Transferring Memberships
The Associations section of the PDF describes the workflow for closing or transferring memberships:
- This is included in the “three workflows” category alongside Transfers and Accounts Payable.
- The Association close/transfer process is documented as a workflow sequence.
The closing process ensures accurate:
- assessment proration,
- account balance handling,
- and membership updates.
Assessments & Proration
Association assessments are treated similarly to recurring charges, defined through:
- Def‑Repeating,
- or unit/property‑level repeating charge definitions depending on how the portfolio is configured.
Assessment logic relies on:
- recurring charges,
- scheduled posting frequency (monthly, quarterly, annual),
- start and end dates,
- and proration settings.
Proration rules follow the same structure used in non‑monthly leases, as described in recurring charges and billing examples.
Association AP Workflow
Associations share the same AP processing workflow as rental properties:
- Vendor bills,
- Credit memos,
- Repairs,
- Surcharges,
- And approval routing.
Association AP also uses:
- AP History for full audit trails,
- Vendor notebooks,
- Supervisor approval limits,
- and integration with QuickBooks.
Association‑Related Reports
Association operations rely on the core financial and membership‑related reports used elsewhere in PropertyBoss, including:
- A165 Income/Expense 12‑Month Report
- A166 Property Revenue Report
- A220 PM Profit/Loss Statement
- A222 PM Profit/Loss by Property
These reports support:
- assessment tracking,
- owner/member reporting,
- compliance,
- and year‑end summaries.
Additional Notes
The Association module shares common workflows with:
- Transfers,
- Accounts Payable,
- Membership closing/transfers,
- and Recurring Charges.
Assessment posting, proration, and membership transitions all follow the same rules used elsewhere in PropertyBoss for recurring billing and ledger posting.