Fee Accounting

Fee accounting for housing authorities is similar to other accounting services except it’s specific to the housing industry. We understand the unique financial data system for PHAs and can help complete schedules, receive less rejections when submitting to HUD, and more.

The reality is that some housing authorities don’t have the financial resources for an in-house CFO. SMCo offers the option for a knowledgeable and trained fee accountant to do CFO responsibilities at a capacity that’s much more feasible for housing authorities on a budget.

Maybe you’re unable to afford a full-time controller or CFO but believe your housing authority would benefit from professional financial advice. Our housing authority fee accountants provide financial expertise at a fraction of the cost needed to hire a full-time CFO or controller.

No matter the case, our fee accounting services could be the solution for you. Some fee accountant responsibilities include:

  • budgeting and HUD/REAC year-end reporting

  • work papers for independent auditors

  • bank reconciliations

  • journal entries adjustments

  • receipts recording and disbursements

  • custom financial reports

  • FDS submissions

  • cash flow preparation

We also provide PHA year-end closing to reduce the headache and reporting requirements with the unaudited FDS submission. For many businesses, the end of the year is already stressful enough. This is when you need the most help. Maybe you don’t have enough staff members or simply don’t have the expertise — either way, our team of professionals will help ease your year-end responsibilities.

Assess your specific needs

Design a package that best suits you

We handle everything else while you relax

Set up a call today to start the conversation.

Get in-touch with the Smith Marion & Co. team today to schedule your free consultation.

Related Articles

Housing Authority Peer Group Review: 2022 Spring Connection Meeting Highlights

Overview: See what took place at the Spring Connection Meeting for housing authorities in Charleston, South Carolina  this past May The Spring Connection Meeting took place in May this year in beautiful Charleston, South Carolina, and was a huge success! The SMConnection team is happy to announce that we were able to gather individuals together...

9 Surprising Benefits of Short Daily Walks (Only 15 Minutes Per Day)

Did you know these surprising benefits of walking for 15 minutes each day?  If you’re looking for ways to improve work productivity, this one’s for you Work is important, but we’re not only about work. The Smith Marion team is excited to partner with Wellsteps to offer a wellness platform to our team members. Through the Wellsteps...

Electric Vehicle Purchases & Taxes: 3 Important Points to Consider

Overview: These 3 tips can help you take advantage of the available Federal Tax Credit when purchasing an electric vehicle On the market for a new vehicle? We’ve got some great news for you: If you’re considering an electric vehicle (EV), there are a few items you can consider to take advantage of the available...

4 Expert Tips to Plan the Perfect Budget-friendly Summer Vacation

Overview: These professional financial tips will help you plan the perfect summer vacation on a budget With summer finally here, many of us are ready to be on that summer vacation. Planning the actual trip, though, could present many challenges – namely, budget. So let’s discuss how 4 simple tips that will help make your...

Worried About Your Small Business? Consider Taking Out a SBA Disaster Loan

I am text block. Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

6 Underrated Benefits of Joining a Peer Group for Nonprofits

Overview: Learn some benefits of joining a peer group to help your nonprofit organization grow Why should you navigate the complexities of managing an organization alone when there are tangible – and proven – resources and solutions to your problems? Through hands-on experience, we’ve learned that there is something invaluable for nonprofits that are part...

Menu