Condominium Bookkeeping Services in Chicago, IL
Accurate, transparent, and compliant financial management tailored to small condo associations.
Big Support for Small Condominium Boards
Running a small condominium association is no small task—especially when it comes to managing finances. At Haus Financial Services, we specialize in condominium bookkeeping services in Chicago IL that are built specifically for small associations (20 units or fewer).
We understand that your board members are volunteers, not accountants. That’s why we provide professional bookkeeping and financial oversight—so your team can focus on maintaining your community while we handle the numbers.
What’s Included in Our Condo Bookkeeping Services
Our bookkeeping support keeps your association organized, compliant, and financially healthy. We provide:
- Monthly Financial Statements – Clear, easy-to-read reports that keep your board fully informed.
- Accounts Payable Management – On-time processing of vendor invoices and payments.
- Accounts Receivable Tracking – Collection management and transparent reporting of owner dues.
- Bank Reconciliation – Regular balancing of all accounts to ensure financial accuracy.
- Budget Preparation Support – Guidance to help your board plan for operating costs as well as future maintenance and improvements.
- Compliance & Record Keeping – Transparent documentation and secure record storage for peace of mind.
Our bookkeeping services are designed to provide your board with the data they need to make the best financial decisions for the association.
Tax Preparation is Included in our Basic Service Package Agreement
HausFS will handle your tax preparation and make filing a piece of cake for your board. Learn more about Tax Preparation Services for Small Condominium Associations.
Why Choose HausFS
- Focused Expertise: We work exclusively with smaller condo associations, using proprietary software designed for the needs of our clients.
- Chicago and Illinois-Based Knowledge: We understand local laws, state incorporation filings, and tax requirements.
- Transparent Pricing: No surprises—just clear, flat-rate pricing that fits your association’s size.
- Responsive Support: Real humans, not call centers. You’ll always know who’s handling your books.
When it comes to condominium bookkeeping services in Chicago, IL, we’re the partner that brings clarity, organization, and confidence to your board’s finances.
HausFS does not provide maintenance services. In our experience, smaller associations are better off working directly with maintenance providers. This allows for flexibility in choosing vendors. Even better, there are no surprise fees for maintenance issues. HausFS recommends Condoly for all needs outside of our Basic Service Package.
Frequently Asked Questions
Most full-service management firms focus on large buildings and cannot offer smaller associations the attention they promise. We specialize in smaller associations, giving you professional financial management and management support without the full-service price tag.
HausFS does not directly manage or hire vendors on behalf of associations. However, boards can use Condoly to find and connect with service providers for their association’s maintenance and repair needs.
HausFS prepares an annual 1120-H for all clients who qualify as a required part of our Basic Service Package. Associations with more complicated tax situations will be referred to a third party preparer. We do not conduct audits – these are not required for small associations unless your governing documents state otherwise.
Financial reports are provided monthly, giving your board regular access to important information about your association’s finances.
Our services are designed for small condominiums—typically 20 units or fewer—throughout the greater Chicago area.
Let’s make bookkeeping and financial management the easiest part of your board’s responsibilities.
Discover how HausFS can help your association stay financially stable, organized, and stress-free.