FISHERS, IN – July 15, 2026 – Self-managed homeowners associations often rely on property management companies, outside accounting firms, or volunteer treasurers for bookkeeping. HOA Start, a provider of HOA management software, has launched a bookkeeping service that replaces all three, closing a financial blind spot for many boards.
The service moves HOA Start from a pure software platform to a combined software-and-services company, handling monthly bookkeeping directly for associations of any size. It works within the company's existing homeowners association software, which already manages online payments, member communication, document storage, online voting, and community websites.
When HOA Start examined how its customers managed money, nearly all were handling bookkeeping in some form, often paying a premium, doing it inconsistently, or relying on a single volunteer's spreadsheet. Board turnover exacerbates the issue: when a treasurer or property manager leaves, financial history and institutional memory often depart with them, leaving incoming boards with gaps that may go unnoticed for months.
HOA Start Bookkeeping manages the full monthly financial cycle, including reconciling bank accounts, tracking accounts receivable (including processing fees for online dues collection), managing vendor accounts payable, accounting for reserve balances, and compiling balance sheets and profit-and-loss statements. Handling this monthly, rather than quarterly or annually, provides treasurers with a current financial picture and reduces the time spent reconstructing records after the fact.
The service typically costs about a third to half of what associations pay property managers or outside firms for comparable bookkeeping, making professional financial management realistic for smaller and cost-sensitive boards that have historically gone without.
“HOA Start Bookkeeping has been an absolute pleasure to work with. The service is affordable, highly professional, and incredibly reliable. Our bookkeeper is engaged, personable, and truly invested in helping us stay organized and confident in our financials,” said Tyra Watts of LaPlace HOA.
“We started the year as a software company. We’re becoming a software-and-services company, and eventually a software, services, and solutions company,” said Clayton Thompson, CEO of HOA Start. “HOA boards are looking to hand off the work that pulls volunteers away from their communities. Bookkeeping is one of the clearest examples of that.”
Financial transparency has become a legal obligation in states leading HOA regulation. Florida Statutes 718 and 720 require condo and homeowners associations above set thresholds to keep financial records accessible to residents, and board members carry a fiduciary duty to manage association funds responsibly. Accurate, current bookkeeping underpins both – and remains out of reach for many self-managed boards relying on manual processes.
The company has indicated that additional financial services, including reserve planning support, are on its roadmap as it builds out a broader community association software and services offering.
