The lifeblood of any Home Owner Association is its membership dues and payments ,yearly , semi annual or quarterly dues. You need to ensure that you set the Dues correctly for your HOA Owners and successfully collect your HOA dues payments in orderly and timely manner. RunHOA has a complete system which allows you to easily create the fees , send online invoices to members, send email to members and allow them to pay online.
Here’s Your HOA Dues Payments Process in 4 Simple Steps
1. Create Fees
You can create any category of fees whether it is Quarterly, Semi-Annual, Annual etc or any Special Fees. You can set Due Dates, Late Dates, Late Payment Charges & Discount Charges as applicable to your HOA.
2. Apply Fees to Unit Owners
Apply the fees to selected units or select all of them. The dues will be be applied to the unit owners selected. It also allows for Prepaid Balances to apply to new invoices.
3. Send Email to HOA Owners
4. Dues Payments
1. HOA Owner logs in and sees due invoice and clicks on Pay Dues. RunHOA accept payments online for HOA dues and allows your homeowners to have multiple payment options, including credit cards, debit cards, electronic checks (ACH) and even sending manual checks can be applied in the system.
2 HOA Owner Clicks on Pay Dues and pays with the Online Payment Method
3. HOA Owner sees that the payment was successful
4. HOA Owner sees that the status is updated to Paid on their invoice.
Check out the Demo Account here