HOA Accounting & Compliance in Washington | True Balance

Managing a Homeowner Association (HOA) isn’t just about maintaining common areas or enforcing community rules—it’s about safeguarding the financial health of the entire neighborhood. Every assessment collected, every expense paid, and every reserve contribution builds the foundation for a stable, thriving community.

In Washington State, HOAs are also required to meet strict legal standards under the Washington Uniform Common Interest Ownership Act (WUCIOA, RCW 64.90).

This means:

• Preparing and delivering annual budgets to members

• Completing reserve studies to plan for future repairs

• Keeping accurate, accessible financial records for homeowners

• Upholding the fiduciary duty of the board to act responsibly with funds

  
  

Without accurate books and oversight, boards risk compliance issues, homeowner disputes, and financial instability.

Why Financial Oversight Matters

Healthy financial records do more than check a compliance box—they protect your community. With clean, up-to-date books, your HOA can:

• Stay compliant with Washington requirements

• Avoid unexpected shortfalls and special assessments

• Build trust with homeowners through transparency

• Protect the board from unnecessary risk

How True Balance Supports HOAs

At True Balance, we partner with HOAs to keep financial records accurate, compliant, and easy to understand. Our services include:

• Real-time bookkeeping so your records are always up to date

• Financial reports prepared to meet Washington HOA requirements (budgets, reserve tracking, audit-ready records)

• Budgeting and reserve planning support for long-term stability

• Clear, homeowner-friendly financial reports

• An extra layer of oversight and accountability to protect your community’s funds

We take the complexity out of HOA accounting so your board can focus on running the community, not chasing down financial details

Build Trust, Strengthen Your Community

A financially healthy HOA doesn’t just avoid problems—it creates peace of mind. When homeowners can see exactly how their money is managed, trust grows, conflicts decline, and the entire neighborhood benefits.

With True Balance, your board can demonstrate transparency, ensure compliance, and safeguard your HOA’s future.

Ready to bring balance to your HOA’s books?

Contact True Balance today to learn how we can help your association stay compliant, transparent, and financially strong.

[ Book With Me ] or email at: info@truebalanceacctg.com