Management – Accounting

Peterson Company strives to provide accurate and timely accounting services. Our current accountant has 30 years of experience in cash and accrual accounting methods. Peterson Company uses state-of-the-art accounting software to provide the Board with legible and comprehensive financial documents. The following are examples of the financial reports prepared by our office:

• Operating Account – Deposit received assessment payments on a weekly basis
• Financial Reporting – Monthly financial packet includes balance sheet, income/expense statement (Actual v. Budget and Month- to-Month), general ledger report, bank statements, and statement of reserve funds
• Accounts Receivable – All checks go directly to a lock box at Biltmore Bank and are updated daily
• Accounts Payable – Association vendors are paid every week