Accurate & Timely Financial Services

Our team of financial controllers are committed to ensuring clients receive the highest level of financial services and reporting.

The trustees are provided with comprehensive monthly reports including:

  • Balance sheet
  • Income statement including budget variance figures
  • Reconciliation/schedule of accounts
  • Trial balance
  • Debtors age analysis
  • Copy of the City of Cape Town account

Financial management is one of the core functions of a managing agent. 

A dedicated team of accountants prepares monthly accounts that are signed off by professionally qualified senior management before distribution to the trustees.

This ensures trustees are equipped with the necessary financial information to monitor the financial performance of the building and review performance against the budget. The financial reporting function also includes the arranging of the annual audit and the preparation of the annual budget.

Benefits to each body corporate:

  • Billing of monthly levy statements
  • Debt Collection
  • Payments
  • Annual Budgets
  • Digital monthly management accounts
  • Audit Management
  • Statutory Compliance
 
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With our online system, WeConnectU, we pride ourselves on providing easily accessible, quick, and accurate financial information to trustees and owners. Our proficient team of financial controllers ensures the financial aspect of the building is managed accurately and timeously, offering the best service and enabling the smooth running of finances and reporting.

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Did you know that FMS has been managing properties for over 40 years?

With four decades of experience behind us, FMS has built a reputation for excellence, compliance, and client-first property management across the Western Cape.

If you are looking for a trusted, established managing agent in Cape Town, you’ve found us.

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