Frequently Asked Questions
Property Management Support Services charges $10.00 per unit, per month. So if an association has 50 units you would be billed $500.00 per month for this association's support. There is also a one time setup fee of $500.00 per association. Please review the next question for an explanation of additional charges that may apply.
The only additional charges to your organization are for payroll processing and postage. Property Management Support Services provides the software necessary for employees to enter their time worked each day, the property manager must approve the weekly payroll using our onlne payroll summary report. Once approved the data is sent directly to a third party payroll processing company. They are responsible for generating the checks and year end W2"s. We have a direct interface with the vendor which gives us the ability to send and receive data. The payroll charge is based on the number of employees each association has and is only billed when you have payroll activity.
There may also be charges directly related to association members monthly payment of their association fee. Payments rejected due to insufficient funds are billed direcly to the member.
Yes. We strongly encourage organizations to implement a December 31 year end financial close for all their associations. In addition, we prefer all association members to use the electronic payment option provided by Property Management Support Services.
Call Property Management Support Services today at 845-519-2936 to find out how you can streamline your entire business process by using just a single vendor. We look forward to hearing from you.
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