We specialize in MCST financial accounting for condominiums and commercial and industrial buildings.
The following reports and services will be provided:
(A) MONTHLY FINANCIAL STATEMENTS
- Statement of Receipts & Payments (Cash Book)
- Statement of Income & Expenditure Statement
- Balance Sheet with notes to the accounts:
- Fixed Assets Schedule
- Debtor Aging Report (In Arrears & In Advance)
- Bank Reconciliation Statement
- Fixed Deposit Schedule
- Sinking Fund Statement
- Levy Statement
- Deposits, other debtors, prepayments, accounts payable, accruals, other creditors, refundable deposits and provision for taxation and audit fees, etc.
(B) MONTHLY/QUARTERLY BILLING (MF & SF)
- Generate Monthly/Quarterly Billing for Management and Sinking Funds. Also liaise with subsidiary proprietors (SPs) on such matters. Billing can be sent as an E-invoice or in paper form.
(C) OTHERS
- Keep track of and update Strata Rolls.
- Issue certificates and update ownership under Section 47 and Section 65, respectively, of the Building Maintenance and Strata Management Act (BMSMA).
- Prepare and issue cheque payments monthly, if required.
- Generate Labels (addressees) for sending AGM/EOGM documents and circulars, etc.
- Generate Voting List.
- Generate Attendance List for AGM/EOGM.
- Prepare Budgeting for Management and Sinking Funds.
- During the Financial Year-End Closing, we liaise with the auditor to answer any queries the auditor may have, until the Auditor’s Report is completed.
Note: We use MCST accounting software that is specially designed for the needs of management corporations.
Please do not hesitate to SMS/WhatsApp/call Ben @ 9645 5253 or e-mail Ben at ben.ng@nls.com.sg if you need more details. Thank you.