HOA & condo accounting in West Palm Beach, FL.
As the Palm Beach County seat, West Palm Beach covers more ground than almost any city we work in — downtown high-rise condominiums along the Intracoastal and Flagler Drive, mixed-use buildings near Rosemary Square and CityPlace, and suburban single-family HOA neighborhoods further west. Academy Accounting is based just south in Lake Worth, and West Palm Beach associations are some of the closest to home we serve.
A downtown tower and a suburban HOA don’t keep books the same way.
A 20-story condominium with a parking garage, elevators, and shared mechanical systems carries a reserve schedule with far more components than a single-family HOA with a clubhouse and a pool. Both are real, ongoing accounting responsibilities — they just carry different weight. The chart of accounts, the reserve tracking, and the reporting format all have to fit the actual building, not a generic template applied to both.
Downtown high-rises
Elevator, structural, and life-safety reserve components tracked to the standard a multi-story condominium board actually needs — see our breakdown of Florida’s SIRS reserve funding rule.
Suburban HOA neighborhoods
Assessment billing, vendor payments, and a monthly close sized to a community that doesn’t carry the same structural reserve load — still built on the same disciplined, board-ready reporting standard.
West Palm Beach FAQs
Does Academy Accounting work with downtown West Palm Beach condo high-rises as well as suburban HOAs?
Yes. West Palm Beach covers both — high-rise condominiums downtown and around the Intracoastal, and single-family HOA neighborhoods further from the waterfront. The reporting rhythm differs between the two, and the accounting is built to match whichever your association is.
Is condo accounting different from HOA accounting in West Palm Beach?
Both are governed by Florida statute, but condominiums (Chapter 718) and HOAs (Chapter 720) have different financial reporting and reserve funding rules. See our Resources page for how the two chapters differ.
Do West Palm Beach condo high-rises need to worry about SIRS reserve funding?
If the building is three stories or more, very likely yes. We cover what Florida’s Structural Integrity Reserve Study rule actually requires in this post.