Rainflurry,
you seem very knowledgeable about HOA bookkeeping and maybe you’re able to answer this question for me.
when I have to move funds from reserve to pay for reserve items, (roof, skylights, etc..) how do I account for the items without them showing up in our annual budget?
I’m new to this and when I paid for reserve items, they’re now showing up in my annual budget as an overage and I don’t want that since these items were not part of the annual budget.
Thanks in advance!
Linda