@Rainflurry 

No problem, I didn't have your name in the first reply

I guess I was just thinking along these lines:

$50,000 HOA dues come in to Income

Then $8,000 is expensed to Insurance Escrow Expense and is "transferred" to Insurance Escrow Reserve account

$3,000 is expensed to Roofing Reserve Expense and is "transferred" to Roofing Reserve account

$2,000 is expensed to Capital Expenditure Expense and is "transferred to the Capital Expenditure Reserve account

Then when the Insurance is paid $2,000, it comes from the Insurance Escrow Reserve account.

$8,000

(2,000)

$6,000 left in Insurance Escrow Reserve Account

Maybe I am over doing it, I just thought this would show kind of the same you were saying. I appreciate your knowledge, information and responses.

Angel