Functions of COA Management

Use

To ensure separation of assets (yours as the manager from those of the property owners), you create a separate company code for each condominium owners’ association (COA), where you can enter its master data and contracts.

You can use the following functions and process in COA company codes:

Create master data and contracts
Post costs and revenues of the COA
Post assessments and manage assessment collection
COA settlement
Create annual budget
Lease out common property

For information on leasing out condominiums, see Functions of Individual Condominium Management .