Structured Strata Financial Management

ASSM’s structured and transparent strata financial management is the cornerstone of our clients’ welfare. Our financial management systems employ technology and expertise, ensuring the highest level of integrity.

Levy collection and financial management

The financial integrity of the strata scheme is critical to its viability and to ensuring it successfully executes all responsibilities under the Strata Scheme Management Act – 2015. At ASSM, our administration and financial governance practices are the most transparent and robust in the industry. Our team issues all levy notices and collects all levies on behalf of the strata. We recover delinquent or overdue levy payments and maintain documented levy collection accounts within the strata’s own trust accounts.

Woman calculating bills using computer

Expenses and outgoings

Our team distributes payments to contractors, insurances and other necessary outgoings that form part of the strata scheme. By maintaining the strata scheme trust account, our financial team employs lean processes, so they keep expenses to a minimum and make payments in a timely manner to ensure the reputational value of the strata scheme remains highly rated.

Budget preparation and tax returns

ASSM’s highly skilled financial professionals prepare annual budgets and forecasts on behalf of the owners corporation for presentation at the annual general meeting.

Budget preparation includes sinking fund forecasts, plus investments made with any surplus funds within the strata scheme.

Our team will prepare required BAS statements and the annual tax returns and lodgement on behalf of the strata scheme. We can also assist as acting treasure and auditing advisor.

Complete financial management

For our clients across our community, residential, industrial and commercial strata schemes, we provide a complete suite of financial management structures and procedures for all forms of strata management schemes. Tailored to your needs, our financial systems cover:

oworkers using a tablet to analysis graph company financial budget report
  • Financial administration, budgets and accounting procedures
  • Preparation of financial reports for AGMs and monthly online reports
  • The issue of all financial reports required under the act
  • Levy notices, collection and recovery
  • Annual tax returns and quarterly BAS
  • Attendance to all strata payments and financial obligations
  • Investment planning
  • Forecasting, auditing and treasury services when required.

Our years of successful management ensure your strata’s finances are in the very best hands.

Let us help you

Our strata management services are the most professional and comprehensive available in NSW. We offer our services throughout New South Wales with mobile and experienced strata managers who know the industry inside out.

Contact us today for a no-obligation discussion. You’ll notice the difference from the very first call.

Case Studies - Proof of Exceptional Outcomes

Don’t just take our word for it. Our clients stay with All Suburbs Strata Management for several reasons. We think it is because we work hard every day to ensure our clients don’t need to.

How ASSM’s expertise helped our residential scheme client

“As a committee, we were very confident with ASSM from the start. Their communication has always been fast, responsive and professional.”

How ASSM does the heavy lifting for a strata committee member

“We have been with ASSM for the past four years. I have been very impressed with the high standard of communication and service we have experienced.”

Complex strata management that simplifies the process for our client

“I have found that I can voice my concerns, and the team at All Suburbs will take them seriously and help find a solution that works for everyone.”