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Linda48328
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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

 

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