FISHERS, IN – July 15, 2026 – HOA Start, a provider of HOA management software, has launched a bookkeeping service designed to replace the three common ways self-managed homeowners associations handle their finances: through property management companies, outside accounting firms, or volunteer treasurers. The new service aims to close a financial blind spot that many self-managed boards may not realize they have.
The HOA Start Bookkeeping service moves the company from a pure software platform into a combined software-and-services company. It handles monthly bookkeeping for homeowners associations of any size, working inside 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 already handling bookkeeping in some form—often paying a premium, doing it inconsistently, or relying on a single volunteer’s spreadsheet. Board turnover raises additional risks: when a treasurer or property manager leaves, financial history and institutional knowledge often depart with them, leaving the incoming board with gaps that may not be discovered for months.
HOA Start Bookkeeping covers the full monthly financial cycle: reconciling bank accounts, tracking accounts receivable (including processing fees from online dues collection), managing vendor accounts payable, accounting for reserve balances, and compiling balance sheets and profit-and-loss statements that boards review and share with homeowners. Handling this monthly rather than at quarter- or year-end provides treasurers with a current financial picture and reduces the time spent reconstructing records after the fact.
The company states that 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 it.
“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 evolved from a best practice to a legal obligation in states leading HOA regulation. Florida Statutes 718 and 720 require condo and homeowners associations above set thresholds to maintain financial records accessible to residents, and board members carry a fiduciary duty to manage association funds responsibly. Accurate, current bookkeeping underpins both obligations but 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. More information is available at hoastart.com.
