{"id":9532,"date":"2019-04-19T16:20:13","date_gmt":"2019-04-19T16:20:13","guid":{"rendered":"https:\/\/margill.com\/?p=9532"},"modified":"2025-10-10T10:07:14","modified_gmt":"2025-10-10T14:07:14","slug":"can-margill-software-be-used-for-hoa-home-owners-association-collections","status":"publish","type":"post","link":"https:\/\/margill.com\/en\/can-margill-software-be-used-for-hoa-home-owners-association-collections\/","title":{"rendered":"Can Margill software be used for HOA (Home Owners Association) collections along with the interest calculation?"},"content":{"rendered":"

Q: Can Margill software be used for HOA (Home Owners Association) collections along with the interest calculation?<\/strong><\/p>\n

A: Yes, very easily without needing an agency to do these calculations.<\/strong><\/p>\n

Many law firms and accountants are tasked with collecting HOA assessments and find it time consuming with a risk or error when this is done by hand or in a spreadsheet.<\/p>\n

Option 1 – Low volume<\/strong><\/p>\n

Margill Law Interest Calculator\u00a0<\/strong><\/a>can be used to do these calculations when there is a low volume (less than 20-25). You can even import the assessment amounts and dates as well as the payments made with a very simple 2-3 column Excel sheet.<\/p>\n

Example of a HOA collection table where assessments are included as well as payments and attorney fees:<\/p>\n

\"\"<\/p>\n

Nice need reports can also be produced in PDF formats that show how payments are applied.<\/p>\n

Option 2 – Higher volume\u00a0<\/strong><\/p>\n

If your volume if greater than twenty or so cases (and can go to the hundreds or thousands), then\u00a0Margill Loan Manager<\/strong><\/a>\u00a0would be a better solution since all data is stored in a nice-neat database in which assessments, payments, attorney fees and costs can be added in bulk though a spreadsheet. You can also manage payments and collect through ACH payments – so you can actually service the HOA assessments. Furthermore, you can instantly provide your client with balances for all outstanding assessments.<\/p>\n

For more information, please contact us at 1-877-683-1815 or by email support@margill.com<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Q: Can Margill software be used for HOA (Home Owners Association) collections along with the interest calculation? A: Yes, very easily without needing an agency to do these calculations. Many law firms and accountants are tasked with collecting HOA assessments and find it time consuming with a risk or error when this is done by […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[409,193,408,404],"tags":[162,164,163],"class_list":["post-9532","post","type-post","status-publish","format-standard","hentry","category-margill-law-and-standard-documentation","category-knowledge-base","category-margill-law-and-standard","category-margill-loan-manager","tag-hoa-assessments","tag-hoa-collections","tag-home-owners-association"],"yoast_head":"\r\nCan Margill software be used for HOA (Home Owners Association) collections along with the interest calculation? - Margill<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/margill.com\/en\/can-margill-software-be-used-for-hoa-home-owners-association-collections\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Can Margill software be used for HOA (Home Owners Association) collections along with the interest calculation? - Margill\" \/>\r\n<meta property=\"og:description\" content=\"Q: Can Margill software be used for HOA (Home Owners Association) collections along with the interest calculation? 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