Financial Management

Take Full Control of Your Community's Finances

From automated invoicing and real-time bank feeds to tax filing and AI-powered reserve forecasting — HOA Alchemy gives your board and residents complete financial transparency.

40+Built-in Reports
99.5%Collection Rate
$0Setup & Migration
2 minBank Sync Delay
Invoicing & Payments

Automated Billing That Saves Hours Every Month

Set up recurring assessments, special assessments, and late fees once — HOA Alchemy handles the rest. Residents pay online through their portal via ACH, credit card, or AutoPay. USPS direct mail reaches homeowners who prefer paper invoices.

  • Recurring & one-time invoicing
  • Auto-apply late fees & interest
  • Online payments — ACH, credit/debit card
  • AutoPay enrollment for residents
  • Email + USPS mail delivery
  • Coupon book generation
Recent Payments
Unit 204 Q1 Assessment$485.00
Unit 118 Q1 Assessment$485.00
Unit 305 Late Fee$25.00
Unit 412 Special Assessment$1,200.00
Total Collected (March)$48,750.00
Accounting

Full Accrual & Cash Basis Accounting — Built for HOAs

No more shoehorning your community's books into software that wasn't designed for associations. HOA Alchemy provides a full general ledger, customizable chart of accounts, and journal entries tailored to HOA and condo accounting standards. Sync it all with QuickBooks Online or use our built-in accounting as a standalone replacement.

  • Cash & accrual basis reporting
  • Customizable chart of accounts
  • General ledger with full audit trail
  • Journal entries & adjustments
  • Multi-fund accounting (operating + reserves)
  • Real-time QuickBooks Online sync
Balance Sheet — March 2026
Operating Checking$59,128.33
Reserve Savings$46,239.50
Total Assets$105,367.83
Accounts Payable$3,422.00
Prepaid Assessments$1,950.00
Total Equity$99,995.83
Budgets & Reports

40+ Reports and Budget Tools at Your Fingertips

Build annual budgets in minutes, compare actuals vs. budget in real time, and generate board-ready reports with one click. Treasurers and managers get the data they need without the spreadsheet headaches.

  • Budget builder with year-over-year copy
  • Budget vs. Actual comparison
  • Profit & Loss, Balance Sheet, GL
  • A/R aging & delinquency reports
  • Export to PDF & Excel
  • Custom report builder
Available Reports
📊Balance Sheet
📈Profit & Loss
📋Budget vs. Actual
💰A/R Aging Summary
📑General Ledger
💳Transaction Detail
📝Delinquency Report
🏦Reserve Fund Status
Bank Integration

Your Bank Accounts — Live Inside Your Dashboard

Connect your association's FDIC-insured bank accounts and see real-time balances, transaction feeds, and statements without ever leaving HOA Alchemy. Our direct API integration with Alliance Association Bank gives you check images, bank statements, and complimentary lockbox processing — all inside one platform.

  • Thousands of supported US banks & credit unions
  • Live balances updated throughout the day
  • Direct API with Alliance Association Bank
  • View check images & statements in-app
  • One-click bank reconciliation
  • Complimentary lockbox payment processing
Account Balances
Checking ****0641
$17,747.79
LiveView 3/30/2026 Statement
Certificate of Deposit ****4806
$135,685.49
LiveView 3/30/2026 Statement
Total Deposits
39
Owner Payments
$7,287.89
Vendor Invoices
$19,649.60
Tax Compliance

1099s, 1120-H, and IRS Filing Made Simple

Stop dreading tax season. HOA Alchemy pre-populates vendor data for 1099s, prepares your 1120-H election, and lets you e-file or export to your CPA — all from within your dashboard.

  • Automated 1099-NEC preparation & e-filing
  • 1120-H tax election support
  • Vendor W-9 collection & tracking
  • Year-end financial package
  • Audit-ready documentation
Tax Center — 2025
1099-NEC12 vendorsReady to File
1099-MISC3 vendorsReady to File
1120-H1 filingIn Progress
Reserve Forecasting

AI-Powered Reserve Projections — Plan 30 Years Ahead

Never be caught off-guard by a major capital expense. HOA Alchemy's reserve forecasting uses historical data and AI to project funding needs, recommend contribution levels, and flag underfunded components before they become emergencies.

  • 30-year reserve projections
  • AI-powered funding recommendations
  • Component inventory tracking
  • What-if scenario modeling
  • Reserve study report generation
  • Percent-funded health score
Reserve Fund Projection
202620282030203220342036
Projected balance in 2036: $485,00078% funded • On track

Financial Management FAQ

Ready to Modernize Your HOA's Finances?

Join hundreds of communities using HOA Alchemy for complete financial transparency. Free 14-day trial, no credit card required.

Explore More Features

HOA Alchemy is a complete platform. See what else it can do for your community.

One Platform. Every Feature Your Community Needs.

From accounting to resident portals to live field tracking — HOA Alchemy replaces your entire software stack.