Financial Management

Entered once. Shared with everyone.

One financial picture for the building. Committee sees admin and capital fund balances, budgets, transactions and the 10-year plan. Owners see their share of every dollar, without anyone re-keying the numbers somewhere else.

One financial snapshot for the whole building.

Total funds, admin fund, capital works, levy collection and trend indicators, all in one live view. The committee uses it to run the building; owners see the same picture from their My Lot view, scaled to their share. Same numbers, no version drift, no "can someone forward me the latest figures?".

Financial DashboardHealthy
Total Funds
$245K
+4.2%
Admin Fund
$142K
+2.8%
Capital Works
$103K
+6.1%
Levies
$68K
+1.5%
Fund Balance Trend
Admin FundCapital Works

Admin fund spending, broken down for everyone to see.

Monitor admin fund expenses, reserve adequacy and spending patterns by category (insurance, repairs, cleaning, utilities) with year-over-year trends. Committee sees the full breakdown; owners see how their levies are being spent. Same data underneath, the right slice for each role.

Admin Fund Breakdown$142K
$142KAdmin Fund
Insurance
$42.5K
Repairs
$18.2K
Cleaning
$12.4K
Utilities
$15.8K
Other
$8.1K

Capital works the whole building can plan around.

Track capital works fund performance, live project budgets and long-term projections. As work progresses on the roof, lifts, painting or HVAC, committee logs spend once and the picture updates everywhere: for owners watching their fund balance, for the next AGM, and for the 10-year plan downstream.

Project BudgetsCapital Works Fund
Roof$42K / $85K
Paint$12K / $45K
Lift$35K / $120K
HVAC$8K / $65K
Other$6K / $30K

Enter your balance sheet once. Distributed everywhere.

This is where financial data goes in: opening balances, levies collected, insurance, repairs, management fees, closing balances. Enter it once and UnitBuddy distributes it across the dashboard, the admin and capital views, the budgets vs actuals tab, owner My Lot views and the 10-year plan. Full audit trail of every change.

Balance Sheet5/6 complete
FieldValueStatus
Opening Balance$132,450
Levies Collected$68,200
Insurance$12,800
Repairs & Maint.$8,450
Management Feesn/a
Closing Balance$142,300

Every transaction. One searchable record for the building.

View, filter and verify every financial transaction across admin and capital works funds. Description, category, amount, all colour-coded so patterns are visible at a glance. The committee can drill into anything that looks off; owners can see how their levies have been deployed without having to ask.

Recent Transactions5 transactions
DescriptionCategoryAmount
Strata InsuranceInsurance$12,800
Lift servicingRepairs$3,200
Garden maintenanceGardening$1,850
Common area cleanCleaning$2,400
Fire safety checkFire Safety$950

Budget the year together. Watch it in real time.

Build your annual budget line by line across admin and capital funds, then track actuals against it as the year unfolds. Committee sees which categories are on track, slipping or already overspent. Owners get the same visibility on the budget the AGM voted in, so AGM time is a conversation about decisions, not a reveal.

FY 2025–26 Budget2 lines over
Total budgeted
$59,800
Actual YTD
$58,890
Variance
-1.5%
Building InsuranceAdmin
$18,620 / $18,400101%
Lift MaintenanceCapital
$14,200 / $12,000118%
Cleaning & GardeningAdmin
$9,450 / $9,80096%
Fire Safety ComplianceAdmin
$6,080 / $6,20098%
Utilities (common)Admin
$9,120 / $8,400109%
ContingencyAdmin
$1,420 / $5,00028%

Visualise the spending the way the building reads it.

Interactive treemaps, expense dot charts and money flow visualisations turn the same underlying data into a picture committee and owners can understand in seconds. Drill into a category, follow the money, and spot the trends a spreadsheet quietly hides.

Financial ToolsExpense Treemap
Insurance$42,500
Repairs$18,200
Utilities$15,800
Management$12,000
Cleaning$8,400
Other$6,100

Plan the next decade together. Stress-test it before you vote.

Map capital works on an interactive ten-year Gantt timeline (roof, lifts, plumbing, HVAC) then toggle between best-case, mid-case and worst-case scenarios to see if the sinking fund holds up. Committee shapes the plan; owners see what's coming and what it means for their levies. By AGM time everyone's already had a chance to look.

10-Year Capital Works Plan
BestMidWorst
Y1
Y2
Y3
Y4
Y5
Y6
Y7
Y8
Y9
Y10
Roof Replacement
External Paint
Lift Upgrade
Plumbing Works
HVAC System

One financial picture. Shared by everyone.

Committee sees the full position. Owners see their share. Same numbers underneath, in real time.