Set up your association, one video at a time
HOA Fiscal's Setup Guide takes a board through eleven steps, in order. Each video below shows one of them in about a minute, and the last one walks through the whole Opening Balance Wizard. The same videos are linked from each step inside the app.
Set up your association with the Setup Guide
Where to find the Setup Guide, the eleven steps, and what to have handy before you start.
Create your association
Legal name, EIN, address, how you are managed, and the last day of your fiscal year.
Add your units
Add units one at a time with ownership percentages, or upload them all from the template.
Upload your owners
Download the template with your units already listed, fill in the owners, and upload it.
Generate your chart of accounts
Pick the Standard, Small or Large template, or import your existing chart.
Configure your accounting settings
Tell HOA Fiscal which accounts payments, dues and bills post to, for each fund.
Set up your bank accounts
Connect each real bank account to its fund and its account in your chart.
Create your fiscal year
Enter the dates from your bylaws; HOA Fiscal builds the twelve monthly periods.
Set up your assessments
Create your regular dues once, then allocate them across your units.
Opening balances: the complete walkthrough
All ten steps of the Opening Balance Wizard, from conversion date to the posted journal entry.
Ready to start?
Have your unit list, your owners' contact information and your bank statements handy, then follow the Setup Guide inside the app. See plans and pricing, or ask us a question.