TRANSITION PROCESS

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A transition to McGrath is neither difficult nor time consuming. 

• Unit owner's names and addresses (N&A) are entered into our YARDI financial accounting system. http://www.yardi.com/
• All financial data including fund balances and account trial balances are entered into our in-house database
• Billing reports and statements are generated and reviewed for accuracy.
• We review books, records, contracts and existing operating procedures as a basis for managing your operation.
• Banking and other financial documents are all prepared for a smooth financial cut over.
• Monthly common charge billing begins.
• Entire process takes 2 weeks.

  Question - Does the Board need to be involved during the transition process?

• Answer -  McGrath takes full responsibility for managing the transition process from start to finish. 

 Question - How many transitions has McGrath performed?

• Answer   - Since 2001, McGrath has converted over 70 new clients onto our systems for management.