MONEY → CLARITY

Collections on time. Money clear.

See who owes what, generate collection notices automatically, accept online payments, and give your board real-time financial visibility.

Real-time balances

Every unit's balance computed from the ledger — charges, payments, credits, prepaid. Always current.

Auto collection notices

Bilingual notices generated on your schedule. Ley 129 format. Review once, send in bulk.

Online payments

Owners pay through their portal via Stripe. Payment auto-applies to oldest charge first (FIFO).

app.getfaro.com/financials/collections

Collections Dashboard

Faro Beach Residences • March 2025

3 overdue

$5,700

Total overdue

87%

Collection rate

Units total

Cash flow projections

See projected income by month based on current collection rates and payment patterns.

AR snapshots

Monthly accounts receivable snapshots for board review. Exportable for auditors.

Prepaid credit tracking

Owners who pay ahead get automatic credit. System tracks and applies credits correctly.

Real-time balances

Every unit's balance computed from the ledger — charges, payments, credits, prepaid. Always current.

Auto collection notices

Bilingual notices generated on your schedule. Ley 129 format. Review once, send in bulk.

Online payments

Owners pay through their portal via Stripe. Payment auto-applies to oldest charge first (FIFO).

Cash flow projections

See projected income by month based on current collection rates and payment patterns.

AR snapshots

Monthly accounts receivable snapshots for board review. Exportable for auditors.

Prepaid credit tracking

Owners who pay ahead get automatic credit. System tracks and applies credits correctly.

How it works

Import or sync charges

Upload your AR report or let Faro generate monthly maintenance charges automatically. Every unit gets accurate balances.

Notices go out on schedule

Faro generates bilingual collection notices on your configured schedule. You review and approve — one click to send.

Payments land, ledger updates

Owners pay through their portal. Payments auto-apply to the oldest charge. Balances, projections, and reports update instantly.

The financial picture, always clear

manual balance calculations

Faster

collections cycle

Built-in

audit trail

Full financial toolkit

Per-unit balance dashboard

Maintenance charge generation

AR import from Excel/CSV

FIFO payment application

Prepaid credit tracking

Automated collection notices

Bilingual notices (EN/ES)

Ley 129 compliant format

Stripe online payments

Owner portal with balance view

Monthly AR snapshots

Cash flow projections

Payment history per unit

Exportable reports (PDF/Excel)

See Faro Run a Real Condo

See how Faro handles collections for a real building.